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Pirat_Nation 🔴 (@Pirat_Nation) “Roblox shares fell sharply today after the company slashed its full-year guidanc” — TopicDigg

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Roblox shares fell sharply today after the company slashed its full-year guidance. The stock dropped about 18% in one day. Roblox cut its full year bookings forecast by around 1 billion dollars. Bookings show how much future money the company expects from game currency sales. New safety rules for children are slowing things down and company says the changes are needed after lawsuits and pressure to protect kids from online risks. Investors are worried about slower growth and sold shares fast.
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