Brent Slava, Executive Producer, Stock Trader Network
Wait… edit that headline, it should say “Year.” Disaster Stock Of The Day Year: RBLX.
The Roblox earnings story in one snip:

It was the daily active users (DAUs) that sunk them. Someone on CNBC earlier today was talking about how managers and execs at social-based video game companies need DAUs to be going up constantly.
Obvious-guy comment: Roblox’s daily active users have fallen for a full year in a row now.
When the company reported their results last quarter, at least one analyst raised a concern Roblox’s new child safety measures could impact users.
Investors are voicing that same concern today: Roblox shares are down 30%.