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Shares of Roblox pop after December update shows increase in bookings - TL;DR CNBC

Shares of Roblox pop after December update shows increase in bookings

Publishing timestamp: 2023-01-17 11:58:40


Summary

Shares of Roblox rose 13% on Tuesday after the gaming company released its December 2022 metrics report, which showed estimated bookings of between $430 million and $439 million for the month, up 17% to 20% year over year. Daily active users rose 18% from December 2021 to 61.5 million users, and the average bookings per daily active user were between $6.99 and $7.14 for the month. Roblox's shares are up more than 30% year to date.


Sentiment: POSITIVE

Tickers: RBLX

Keywords: business newsenterpriseroblox corpinternettechnologygaming software

Source: https://www.cnbc.com/2023/01/17/roblox-stock-up-after-december-update-shows-increase-in-bookings.html


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