Roblox Stock Takes Huge Hit

Roblox Stock Takes Huge Hit

From Game Rant (Written by Michael Brandon Ingram) on | OpenCritic

Games discussed:

Beloved game platform Roblox's stocks are way down after a bevy of controversies have hit the game, ranging from lawsuits to the game being banned in some regions. The massively popular game-creation engine has welcomed millions of players into its wide array of fan-created games, with several seeing massive growth on the platform. Games like "Grow a Garden" and "Blox Fruits" have helped to take the game to new heights, with the former becoming one of Roblox's biggest successes ever. However, Roblox has recently found itself embroiled in some major controversy.

Roblox's popularity with younger audiences has been a particular hot-button issue throughout recent weeks for the fan-favorite game. The state of Louisiana recently filed a lawsuit against Roblox and the Roblox Corporation, alleging that the developer has failed to properly protect children from online predators. The game also recently received another country-wide ban in one region of the world, with the country of Qatar restricting access to Roblox. Now, Roblox's recent woes have had a major impact on the game-creation platform's stock valuation.

As reported by Yahoo Finance, shares of Roblox showed a massive decline in their value on Friday, surrounding the game's...

See full article at Game Rant