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Why Roblox Shares Are Moving Today

Roblox Corp (NYSE: RBLX) shares are trading lower by 2.80% at $47.53. Traders and investors are watching for the company’s second-quarter earnings report, confirmed for Tuesday’s after-hours session.
byHenry Khederian
August 9, 2022
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Roblox Corp (NYSE:RBLX) shares are trading lower by 2.80% at $47.53. Traders and investors are watching for the company’s second-quarter earnings report, confirmed for Tuesday’s after-hours session.

According to analyst consensus estimates, Roblox is expected to report an EPS loss of 21 cents on revenue of $645.00 million. The company last quarter missed both EPS estimates and revenue estimates by 22.73% and 1.29% respectively.

See Also: So Should Amazon Or Alibaba Try To Acquire ContextLogic (WISH) In 2022?

According to data from Benzinga Pro, Roblox Corp has a 52-week high of $141.60 and a 52-week low of $21.65.

 
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