Shares of gaming platform Roblox took a tumble on Wednesday after missing expectations in Q2.
The company’s shares were down 21% by the end of the trading day.
Roblox had a reported net loss of $282.8 million in Q2, a significant jump from the $176.4 million net loss it experienced the previous year.
According to Roblox, the company anticipates continued losses for the “foreseeable future.”