Roblox (RBLX) Stock Crashes 17% After Missing Estimates, Analysts Worried About Pandemic Pulled Forward Growth
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Roblox Corp. (RBLX) PT Lowered to $45 at Benchmark
February 16, 2022 12:31 PM ESTBenchmark analyst Mike Hickey lowered the price target on Roblox Corp. (NYSE: RBLX) to $45.00 (from $70.00) while maintaining a Sell rating following results.
The analyst commented, "RBLX reported disappointed F4Q22 financial results, with both audience size and player engagement declining in key geographies and... More
Meta Platforms (FB) Shares Decline Pre-Open, Down 2.9%
February 16, 2022 8:37 AM EST(Updated - February 16, 2022 8:42 AM EST)
Meta Platforms (NASDAQ: FB) declined pre-open falling 2.9%. The reason for the declined wasn't clear but it may be tied to weakness in metaverse-related stock Roblox (NYSE: RBLX). Roblox shares sank 17.5% following... More
