Shares of Roblox Corp. (NYSE:RBLX) declined 4% Friday morning as investors reacted to concerns about decelerating growth in the company’s core markets.
The online video game purveyor is apparently not doing as well as it could in the sale of its in-game currency.
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Why Roblox Stock Popped Today
Roblox stock is being sued by the state of Louisiana for alleged facilitation of "the distribution of child sexual abuse material." Roblox is responding to the claims and bolstering its safety efforts ...
Roblox's business is growing at a feverish pace and while child safety concerns shouldn't be ignored, the risks may be a bit ...
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