The Latest Breaking News from RBLX

Raging inflation and the Fed’s hawkish stance have kept the stock market under tremendous pressure. Moreover, a third-consecutive rate hike last week has caused the major benchmark indexes to plunge. So, we think fundamentally weak stocks Las Vegas Sands (LVS), Roblox Corporation (RBLX), Carnival Corporation (CCL), Marathon Digital Holdings (MARA),…

Cathie Wood’s ETFs have hit a rough patch this year amid volatile market conditions caused by sky-high inflation and the Fed’s hawkish tilt. Moreover, the stock market is expected to remain under pressure in the coming months since the central bank intends to keep hiking rates. So, we think it…

Meme stocks gained massive popularity last year after their short-squeeze-driven rallies despite possessing weak fundamentals. After a pause for a few months, the meme craze has recently returned, with several struggling stocks soaring to unsustainable prices. However, amid uncertain market conditions, it could be wise to avoid fundamentally weak meme…

Growing use of smartphones and increasing investments in advanced technologies should help the gaming industry witness solid growth in the coming years. However, increased regulations are posing a significant challenge. While it could be wise to avoid Roblox Corporation (RBLX) considering its weak fundamentals, we think gaming stocks Electronic Arts…

Gaming platform operator Roblox (RBLX) reported disappointing second-quarter 2022 results. Furthermore, its near-term prospects look bleak owing to slowing demand, as evident from the significant decline in bookings. However, RBLX has gained 66.3% since mid-June. So, is it wise to buy the stock now? Read more to find out….

Concerns over macroeconomic and geopolitical headwinds have led to a massive sell-off in the stock market since the beginning of the year. This has led to once popular stocks, SoFi Technologies (SOFI), Shopify (SHOP), and Roblox Corp. (RBLX), slumping 70% or more from their 52-week highs. Given their weak fundamentals…

Someone with a lot of money to spend has taken a bullish stance on Roblox (NYSE:RBLX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The gaming industry has witnessed a significant drop in demand from the pandemic highs. Moreover, as consumers weigh discretionary purchases in an inflationary backdrop, is it game over for the entertainment stocks Roblox (RBLX) and Skillz (SKLZ)? Read on to find out….

  Someone with a lot of money to spend has taken a bearish stance on Roblox (NYSE:RBLX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.