The metaverse pioneer said users are spending less on the platform after economies started reopening.
Roblox (RBLX 4.99%) updated investors on its key metrics, highlighting continued headwinds for the metaverse pioneer. The company is reeling from the effects of economic reopening after it thrived during the lockdown stages of the pandemic.
*Stock prices used were the afternoon prices of Sept. 26, 2022. The video was published on Sept. 26, 2022.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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