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Roblox stock slumps on as user spending slows

Roblox stock slumps on as user spending slows

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Roblox Corp stock slumped after results on Monday evening disappointed, with bookings falling shy of Wall Street forecasts. The pandemic-driven surge in spending on the build-your-own-game platform has slowed, according the financial results, growing by ‘only’ 35% to US$665.5mln versus the 161% growth seen in the prior quarter.

...read full article on Proactive Investors

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