Roblox misses quarterly bookings estimates on lower spending, shares tumble

Online gaming platform Roblox missed estimates for second-quarter bookings on Wednesday as waning demand for its online games and intensifying competition hurt growth, sending its shares down nearly 20%. Shares of the company were set for their worst day in 10 months and on track to erase nearly…#adoptme #refinitiv #electronicarts #grandtheftauto #spotify #davidbaszucki

Source: Reuters: Health - August 9, 2023 Category: Consumer Health News Source Type: news