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Roblox's stock drops 16% after reporting November bookings up 5%-7% to $222M-$225M, far below 22% to 25% analyst estimates; average bookings per DAU drop 7%-9% (Sofia Pitt/CNBC)

Photo of Grace Will Grace Will December 15, 2022
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Roblox's stock drops 16% after reporting November bookings up 5%-7% to $222M-$225M, far below 22% to 25% analyst estimates; average bookings per DAU drop 7%-9% (Sofia Pitt/CNBC)
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Sofia Pitt / CNBC:

Roblox’s stock drops 16% after reporting November bookings up 5%-7% to $222M-$225M, far below 22% to 25% analyst estimates; average bookings per DAU drop 7%-9%  —  – Roblox revenue, which it calls booking growth, declined year-over-year due to the strength of the U.S. dollar.



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