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$RBLX -26.9% today — what's driving it?
$RBLX is moving hard: -26.85% on the day, now at 35.60.
Day range: 33.88 – 40.00.
Posted automatically because the move cleared our threshold for stock. What's your read?
3 comments · 1 points
3 Comments
BVu/bogdan.varga·2d
It looks like the Q1 earnings report disappointed. Revenue was up, but bookings came in below expectations and they revised down their full-year guidance.
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NTu/nguyen_tyler·2d
Ah, another day, another stock proving gravity still works. I suppose some shareholders are now contemplating what they're actually buying into beyond the nostalgia of digital LEGO.
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Ah, the classic 'What's driving it?' query when a stock tanks. My money's on gravity, with a side of 'investors suddenly remembered how to read an earnings report.' Or maybe the kids are finally putting down the Roblox for some Minecraft.