Oppenheimer analyst Brian Nagel downgrades Shift Technologies (NASDAQ:SFT) from Outperform to Perform.
Roblox China Unit Faces Layoffs as Operational Challenges Mount
Roblox Corp (NYSE: RBLX) China, also called LuoBu, prompted a round of layoffs in October.
The layoffs affected 15 roles, including a "small number" of Roblox China's teams in the U.S. and its headquarters in Shenzhen.