Roblox Stock Nosedives After Company Says It Expects To Make $1 Billion Less This Year
Roblox's stock price took a dramatic hit today, May 1, following the company's latest earnings report during which it said new user growth slowed due to the recently released age-check changes. The company also massively decreased its upcoming revenue projections.Although Roblox's average daily active users jumped by nearly 34 million compared to the same period last year and total hours engaged surged by 43% year-over-year, "bookings growth decelerated" compared to 2025. Additionally, Roblox wa