Previous close | 0.5700 |
Open | 0.0200 |
Bid | 0.0300 |
Ask | 0.0400 |
Strike | 50.00 |
Expiry date | 2024-06-21 |
Day's range | 0.0100 - 0.1500 |
Contract range | N/A |
Volume | |
Open interest | 8.8k |
Shares of Roblox (RBLX) are dropping sharply as the company lowered its annual booking forecast, suggesting concerns over the strength of consumer spending. Electronic Arts (EA) also fanned the flames with a weak revenue forecast, signaling troubles for the gaming industry. Yahoo Finance Anchors Madison Mills and Seana Smith break down the latest developments for Roblox and how it may operate moving forward. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
The videogame platform posted a narrower-than-expected quarterly loss and saw bookings rise sharply from a year ago.
The main U.S. stock indexes rose on Thursday as weekly jobless claims data offered fresh evidence of a softening U.S. labor market and renewed hopes that the Federal Reserve will cut interest rates this year. After a sluggish open, the benchmarks pulled higher in morning trade, with megacap stocks Amazon, Microsoft and Alphabet in the lead.