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Why Roblox Stock Malfunctioned Today

TheMotleyFool

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Roblox Corporation (NYSE: RBLX) stock crashed 15.1% through 11:15 a.m. ET Friday after reporting mixed earnings in its Q1 report last night.

Heading into the quarter, analysts forecast the popular online video game platform would report a $0.41-per-share loss, and the good news is that Roblox lost only $0.35 per share -- an earnings "beat." Bookings forecast to exceed $1.7 billion fell short of that mark, however -- a "miss."

Image source: Getty Images.

Source Fool.com

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