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What Are Whales Doing With Roblox

Someone with a lot of money to spend has taken a bearish stance on Roblox (NYSE:RBLX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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Why Roblox Shares Are Diving

Roblox Corp (NYSE: RBLX) shares are trading lower by 9.26% to $39.46 on continued downward momentum following the company's Investor Day event. Also, LightShed partner Brandon Ross tweeted the company's booking growth in August decelerated month over month.

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