Roblox misses on Q2 expectations, stock falls
Yahoo Finance's Brian Cheung discusses how Roblox stock is trading after earnings.
Video transcript
BRIAN CHEUNG: A trending ticket before we go to break. Shares of Roblox having a rough day, down about 6% as it missed the Street's expectations on both the top and the bottom line. Bookings, which is a key metric for this group, again, video game kind of Metaverse for a lot of kids online, fell about 4% for the period. It was a big pandemic play. But keep in mind, shares of Roblox down 57% year to date.