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Why Roblox Stock Plummeted by 8% Today

TheMotleyFool

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Growth concerns raised by an analyst tracking Roblox (NYSE: RBLX) stock affected investor sentiment on Friday. With that tailwind, market players traded out of the online video game company to leave its shares with a more than 8% decline on the day. By contrast, the S&P 500 (SNPINDEX: ^GSPC) essentially traded sideways.

That morning, M Science's Corey Barrett wrote a fairly pessimistic update on Roblox stock. According to reports, his new take was based on key operational and financial metrics for the company.

Image source: Getty Images.

Source Fool.com

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