Shares of Roblox (RBLX) fell 2.5% after analysts expressed worries about declining user engagement. Peak concurrent users (CCUs) on the online gaming platform dropped to 23 million over the weekend. This marks a decrease from 26 million the prior week, hitting the lowest Saturday peak since early June, according to JPMorgan analyst Cory Carpenter.
Several popular experiences also saw declining engagement.
Source: All News · Summarized by HeadlinesBriefing