The Latest Breaking News from Roblox Corporation

Shares of video game company Roblox Corporation (NYSE: RBLX) are falling after the company reported first-quarter financial results. Here are the key highlights.

Many U.S. stocks dipped in price considerably last month on a widespread market sell-off amid rising macro headwinds. Furthermore, the Fed this week raised interest rates by 50 basis points to tame inflationary pressures, which could potentially spook all equities into correction territory this month. With this potential in mind,…

Roblox Corporation (NYSE: RBLX) shot up over 6% on Monday, after breaking up bullishly from a falling channel pattern on April 28, which Benzinga called out earlier t

Roblox Corporation (NYSE: RBLX) reached a new all-time low of $29.52 on Thursday as it continued its descent in a descending channel pattern on the daily chart. The pattern is bearish for the short term but can be bullish down the road.

Due to the recent tech selloff, renowned investor Cathie Wood’s flagship Ark innovation ETF has retreated from its 2021 highs this year. However, accelerated digitalization, increasing tech dependence, and growing IT spending should allow Wood’s portfolio to rebound quickly. Given these factors, Wall Street analysts expect Wood’s beaten-down tech stock…

Roblox Corporation (NYSE: RBLX) retested its all-time low near the $36 level on Wednesday, plunging over 12% lower in a continued downtrend that the stock has been trading in since March 23.

Roblox Corporation Class A Common Stock's (NYSE:RBLX) short percent of float has risen 19.44% since its last report. The company recently reported that it has 28.02 million shares sold short, which is 9.03% of all regular shares that are available for trading.

Shares of RBLX are currently trading at less than $50, reflecting the company’s poor fundamentals. And given the massive investments required to grow in a highly competitive industry, the question is, can the stock’s price rebound? Read on to learn our view.

Roblox Corporation Class A Common Stock's (NYSE:RBLX) short percent of float has risen 21.74% since its last report. The company recently reported that it has 23.16 million shares sold short, which is 7.56% of all regular shares that are available for trading.

Roblox Corporation (NYSE: RBLX) was trading down about 2% lower on Wednesday in continued consolidation after a 46% move to the upside brought the stock from its March 14 and March 15 all-time low of $36.04 to a high of $53 on March 23.

Roblox Corporation (NYSE: RBLX) was trading up almost 10% on Tuesday, in tandem with the S&P 500, which was rising over 1.1%.