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Roblox Falls 11% On March Performance

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News   | Join Us
rttnewslogo20mar2024

Roblox Corp. (RBLX) shares are sliding more than 11 percent on Monday morning trade after the company reported around two percent reduction in average booking per daily active users, between $3.73 and $3.85. The company said foreign currency fluctuations weighed on the March performance and the change in year-over-year March 2023 average bookings per daily active user would have been down 1 percent.

Currently, shares are at $40.42, down 11.55 percent from the previous close of $45.70 on a volume of 9,196,599.

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