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CEO North America > Technology > Roblox shares sink 21%

Roblox shares sink 21%

in Technology
Roblox shares sink 21%
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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.”

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