TL;DR: Roblox faced a $12 billion market cap loss after banning YouTuber Schlep, who exposes child predators on its platform. The ban sparked community outrage, a petition against CEO David Baszucki, ...
2dOpinion
What Is Happening With Roblox Stock?
Roblox (RBLX)’s stock has soared nearly 92% over the past year, fueled not only by accelerating revenue but also by renewed ...
Neil Rimer recalls having early conversations about what became Roblox when he was studying at Stanford in the 1980s. He was college buddies with David Baszucki, the gaming company's founder and CEO.
Roblox's business continues to grow at a solid rate of around 30%. The company's operating loss came down significantly last quarter. Its operating cash flow has also been improving. There's no need ...
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