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Why Roblox Shares Are Getting Hammered Today
Roblox Corp (NYSE: RBLX) shares are trading lower by 13.18% to $25.10 Thursday morning in tandem with the overall market.
Morgan Stanley Maintains Equal-Weight on Roblox, Lowers Price Target to $25
Morgan Stanley maintains Roblox (NYSE:RBLX) with a Equal-Weight and lowers the price target from $27 to $25.
Why Roblox Stock Is Sliding Today
Roblox Corp (NYSE: RBLX) shares are trading lower Wednesday after the company announced key metrics for May.
Roblox said daily active users in May increased 17% year-over-year to 50.4 million. Hours engaged climbed to 3.6 billion, up 10% year-over-year.
Roblox May Daily Active Users 50.4M, Up 17% YoY
Roblox Corporation (NYSE:RBLX), a global platform bringing millions of people together through shared experiences, today released certain key metrics for May 2022.
May 2022 Metrics
Daily active users were 50.4
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Goldman Sachs Downgrades Roblox to Sell, Lowers Price Target to $28
Goldman Sachs analyst Eric Sheridan downgrades Roblox (NYSE:RBLX) from Neutral to Sell and lowers the price target from $39 to $28.
Cathie Wood Adds $2.3M More Of This Gaming Stock On The Dip
Cathie Wood-led Ark Investment Management on Thursday raised its exposure in Roblox Corp (NYSE: RBLX) stock on the dip.
Analyst Ratings for Roblox
Roblox (NYSE:RBLX) has observed the following analyst ratings within the last quarter: