Roblox Tanked $9 Billion In A Single Day After The Company Admitted It Was Directing Fewer Kids Toward Viral Games That ‘Emphasize Short-Term Monetization’

sanitation@lemmy.today · 19 days ago

Roblox Tanked $9 Billion In A Single Day After The Company Admitted It Was Directing Fewer Kids Toward Viral Games That ‘Emphasize Short-Term Monetization’

orclev@lemmy.world · 19 days ago

So the company made their game marginally less shit which caused their revenue to dip very slightly and the stock markets reaction was “SELL!!!1!!!ONE!!! THEY’RE GOING UNDER!!!”. This is why we can’t have nice things.

Roblox Tanked $9 Billion In A Single Day After The Company Admitted It Was Directing Fewer Kids Toward Viral Games That ‘Emphasize Short-Term Monetization’

Roblox Tanked $9 Billion In A Single Day After The Company Admitted It Was Directing Fewer Kids Toward Viral Games That ‘Emphasize Short-Term Monetization’

Wall Street Punishes Roblox For Directing Kids To Better Games