The Latest Breaking News from Roblox

Roblox Corp (NYSE: RBLX) shares are trading lower by 9.68% at $27.15. Roblox is falling after Atlantic Equities downgraded the stock from Overweight to Neutral and announced a $30 price target.

Upgrades

Someone with a lot of money to spend has taken a bearish stance on Roblox (NYSE:RBLX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

UK parkour champ Robbie Griffith, BMX rider Connor Stitt and break-dancer B-Girl Terra also participate in the virtual games.

Roblox Corp (NYSE: RBLX) shares are trading lower by 12.58% at $30.03. Stocks have been highly volatile following the Federal Reserve’s recent 50 basis point rate hike, which has weighed on the Nasdaq heavily.

Roblox Corp (NYSE: RBLX) was trading more than 6% lower at one point on Tuesday in consolidation, after a massive 66% increase between May 11 and Monday brought the stock up to the $36.43 mark.

Noted investor and ETF head Cathie Wood doesn’t shy away from standing behind her picks and sharing her long-term thesis on why the stocks were good bets for the long-term. Two video game-related stocks were recently defended by Wood, despite large year-to-date declines. Here are the two stocks and why Wood…

Play enough mini-games and you might just get to join Charli on stage during her virtual concert on June 17.

Roblox Corp (NYSE: RBLX) shares are trading higher by 17.69% at $28.21. Roblox shares have seen continued volatility following the company's recent earnings report from Tuesday's after-hours session.

Shares of Roblox Corp (NYSE: RBLX) climbed more than 3% despite a top- and bottom-line miss. Investor sentiment was boosted by the company’s strong user growth.

Benzinga’s “10 Stocks Down More Than 10%” aims to deliver investors the news surrounding hot stocks with significant price action for the week beginning May 9, 2022.