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Roblox Corp. was digging itself out Monday from a three-day outage that shut out millions of users, as investors wiped away more than $1.5 billion of the videogame company's market capitalization.
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Shares of Roblox Corp (NYSE: RBLX) were rising in early trading on Thursday, after tanking in the previous session on the company’s revenue miss.
As CNBC highlighted, the first day's closing price of $69.50 gives Roblox a market cap of more than $38 billion, and a total value of $45.3 billion.
Institutional investors may overlook Roblox Corporation's (NYSE:RBLX) recent US$6.5b market cap drop as long-term gains remain positive [email protected] (Simply Wall St) Wed, Apr 9 ...