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Roblox shares crash 30% in worst session ever despite growing player numbers
๐Ÿ“ˆ Business

Roblox shares crash 30% in worst session ever despite growing player numbers

Roblox shares fell nearly 30% on Friday, heading for the worst single session in the company's history. The stock closed the previous day at $48.67, giving a market cap of around $34.9 billion; if the drop holds, more than $10 billion will be wiped out. Paradoxically, the platform's player numbers are growing, meaning a user exodus is not behind the Wall Street sell-off.

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