2 Months Ago
2 Min Read

RBLX down -7%. The primary reasons:

RBLX
-1.76% 24h



Roblox Corporation (RBLX) is trading -7% lower at $44.19 today.

  • 2Q revenue jumped 30% year-over-year to $591.2M, but below analyst estimates of $645M
  • Average selling prices decreased by 7%
  • -$0.30 EPS vs Estimate of -$0.21 EPS 

Roblox Corporation has been trading between a 52-week high of $141.6 and a 52-week low of $21.65. The stock has a market cap of $24.3 Billion.

Roblox's mission is to build a human co-experience platform that enables shared experiences among billions of users. Every day, more than 36 million people around the world have fun with friends as they explore millions of immersive digital experiences. All of these experiences are built by the Roblox community, made up of over five million creators.

Headlines


Roblox, Cano Health, MINISO Group among premarket losers'' pack
Seeking Alpha 08-10-22

Roblox Corporation 2022 Q2 - Results - Earnings Call Presentation (NYSE:RBLX)
Seeking Alpha 08-10-22

Roblox plunges 15% as bookings decline and analysts question ''scalability''
Seeking Alpha 08-10-22

Roblox Stock Tanks 17.4% on Weak Q2 Results, Decline in Bookings
TipRanks 08-10-22

Coinbase, Roblox, Tesla, Trade Desk and Other Stock Market Movers
Barron''s 08-10-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

BlakeClass - 15 upvotes - source
Coin 50P Rblx 35p Let’s go

cbusoh66 - 14 upvotes - source
RBLX is still too fucking expensive, $30 billion company with anemic results (decline actually) in revenue and earnings. What a joke, it turned out to be all hype as expected.

mdvc149 - 14 upvotes - source
Fortnite? RBLX all the way lmao!

ElliotWaveTheory - 12 upvotes - source
My other main trade is short RBLX and long Puts which has been printing

thevoidsquid - 11 upvotes - source
RBLX better pump for earnings or I'm making an account just to call a child a slur

wake-2wakeboat - 11 upvotes - source
This cpi pump is wrecking rblx puts

Tfarecnim - 10 upvotes - source
I had better see RBLX opening in the 30s tomorrow.

Gastellier - 9 upvotes - source
my comment from yesterday: RBLX has to crash right? been basically linear up since June ($25 on June 16, $49 today) Since mid June NVDA tanks, blames gaming EA basically flat Activision Blizzard basically flat, underperforms earnings Take 2 basically flat, underperforms earnings kids are going back to school and parents going to start watching the credit card bill with inflation and recession. what am I missing here? https://old.reddit.com/r/wallstreetbets/comments/whltxc/most_anticipated_earnings_releases_for_the_week/ijjih8t/

heathermyllz - 9 upvotes - source
$28B market cap for a 1-game video game company. Keep on drilling RBLX

prisonsexx - 8 upvotes - source
Who else got their RBLX poots? 35 tomorrow I hope. Pos selling microtransactions to children. Or rather having the children begging the parents for fucking virtual clothing.