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MarketBeat
MarketBeat
Jennifer Ryan Woods

Roblox Stock Slides to New Low as Safety Changes Weigh on Outlook

Roblox David Baszucki MarketBeat

It’s been a tough stretch for online gaming platform Roblox Corp. (NYSE: RBLX), and some investors aren’t eager to keep playing.

Following the company’s first-quarter earnings report on April 30, shares plunged, hitting a new 52-week low of $41.75 and extending a sell-off that has already weighed heavily on the stock over the past several months.

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