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That stock’s collapse makes Roblox’s look like a gentle slide: from a closing high of $162.72 two days before Christmas 2020 to just above $4 now — a slump of 97%.
Genre (s) Game creation system, massively multiplayer online. Mode (s) Single-player, multi-player. Roblox ( / ˈroʊblɒks / ROH-bloks) is an online game platform and game creation system developed by Roblox Corporation that allows users to program and play games created by themselves or other users.
Roblox may have posted a record free cash flow of $191 million in the first quarter, but it sees that falling to between $16 million and $23 million in the new quarter.
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Roblox (RBLX) Roblox reported before the bell, and results came in better than analysts’ estimates. Sales of $923.8 million and a net loss of $0.43 per share both beat expectations.
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