Roblox Corp. was digging itself out Monday from a three-day outage that shut out millions of users, as investors wiped away more than $1.5 billion of the videogame company’s market capitalization.
Roblox stock plunged as much as 20% on Thursday after it reported mixed fourth-quarter earnings. The company reported a decline in daily active users, which sparked growth fears among investors.
Roblox shares have dropped by 20 percent after the platform's reported daily active users fell short of analysts' estimates. For the fourth quarter (ending 31st December), the number of daily active ...
Hundreds of popular online games, apps, and websites — including Roblox, Snapchat, Amazon, and Ring — have experienced widespread server outages linked to Amazon’s cloud network. Reports of outages ...