Roblox (RBLX) Stock Keeps Plunging Amid Shrinking Number of Subscriptions

From May 10 to 20 of this year Roblox (RBLX) stock stays flat with little fluctuations. In this period the stock varies between $74 and $77; From May 21 to June 4, 2021, it starts gradually rises by reaching the highest point of $103,19. However, in three days, the stock plummets again. Today, the stock is near $89.80.
Промокоды Roblox на июль 2020 - ShowGamerRoblox Corp. announces its dropping 7.1% in wide trading after the video-game company’s report. In May bookings are expected to be between $216 million and $219 million, in April the bookings vary between $242 million and $245 million with a decline of 11%.

According to the publication of the month’s key metrics, daily active users were 43 million in May, less than 43.3 million in April, however up to 28% each year. On Tuesday, Roblox stock increased by 2.3 %. Since the company’s initial public offering in March, the stock has more than double.

Richard McEntire

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