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Roblox stock drops on widening losses in Q3, but other growth metrics remain strong

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One of the big players in the “metaverse” space, gaming platform Roblox, saw its stock tumble by more than 15% in pre-market trading on Wednesday after reporting a wider-than-anticipated loss in its third-quarter earnings. The company, which caters to a younger demographic with its virtual-world gaming platform, reported a loss of $297.8 million, or 50 […]
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