The metaverse pioneer saw its stock price decline by double-digits after a significant announcement.
Roblox (RBLX -3.66%) disappointed investors with an update that had the stock falling during the week. Here are more details on why Roblox stock was falling.
*Stock prices used were the afternoon prices of Dec. 15, 2022. The video was published on Dec. 16, 2022.
Parkev Tatevosian, CFA has positions in Roblox. The Motley Fool has positions in and recommends Roblox. The Motley Fool has a disclosure policy.
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