Roblox's (NYSE: RBLX) stock has been in the limelight lately after plunging more than 20% following its second-quarter 2023 earnings announcement. While Roblox's 15% revenue growth in the quarter was nothing to be ashamed of, investors were disappointed by the decline in the growth rate compared to the 22% top-line growth in the first quarter of 2023. Roblox had a busy time growing its business when the pandemic hit in 2020, with revenue growing at high double-digit (and even triple-digit) growth rates.
Read full NASCAR article on Yahoo Sports
Read all NASCAR articles