Quartz·1 min read·medium
Roblox stock posted its worst day ever after pulling its full-year outlook
✦AI Summary
Roblox stock experienced its largest single-day decline after the company withdrew its full-year financial outlook. The drop followed analyst downgrades based on weak third-quarter bookings projections.
Two analysts downgraded Roblox stock to Sell after the company's third-quarter bookings forecast came in well below Wall Street expectations
businesstechnologyeconomy
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