Despite never posting a profit, Roblox's revenues and user engagement metrics are growing strongly, with significant year-over-year increases. The stock has broken out above resistance due to impressive earnings, suggesting investors are focusing on its positive growth potential. The bullish technical pattern targets $69.5, with potential for higher gains if Roblox achieves consistent profitabi...
Roblox has hired former Roku executive Louqman Parampath to help build out its advertising business, as the video-game platform bets on its lucrative young user base to draw marketing dollars.
Gaming platform Roblox announced major safety upgrades Monday, introducing remote parental controls and restricting communication features for users under 13.
Video game maker Roblox said on Monday that it is rolling out safety measures to prevent users under 13 from directly messaging others without parental consent.
NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Roblox Corporation (NYSE: RBLX) resulting from allegations that Roblox may have issued materially misleading business information to the investing public.
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