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Roblox forecast annual bookings below estimates on Thursday, sparking fears that growth at the videogame platform was slowing after years of breakneck progress, sending its shares down 17%.

Roblox Corp posted a bigger quarterly loss on Wednesday, hurt by higher expenses to support the expansion of its platform, sending shares down 12% in premarket trading.

Roblox forecast annual bookings below market estimates on Thursday, sparking fears growth at the videogame platform was slowing after years of breakneck progress, sending its shares down 26% in ...

(Reuters) -Roblox forecast annual bookings below estimates on Thursday, sparking fears that growth at the videogame platform was slowing after years of breakneck progress, sending its shares down 17%.