Roblox (NYSE: RBLX) stock is down 69% year to date thanks to slowing growth through the first half of the year. After reporting declining bookings (a non-GAAP measure of revenue) in the second and third quarters, Roblox posted double-digit growth in bookings in the third quarter. Roblox is seeing top-line growth reaccelerate after bookings declined in the first half of the year.
Virtual lounges for your avatar to watch a livestream of the game? Web3 doesn’t get more meta than the mind-bending plans for the World Cup in Qatar.
It's a maxim that Ark Invest CEO Cathie Wood seems to take to heart. Wood's flagship Ark Innovation ETF (NYSEMKT: ARKK) bought more than 207,500 shares of the crypto exchange operator. Ark Fintech Innovation ETF (NYSEMKT: ARKF) and Ark Next Generation Internet ETF (NYSEMKT: ARKW) purchased smaller positions.