what is happening with roblox

Key Points

• Roblox is seeing slowing usage and declining popularity.
• The company is also beginning to see worsening profitability, which is never a good sign.
• Roblox simply has too many unanswered questions right now to buy the dip.

Full Answer

News about Robloxbing.com/news

In no huge surprise, Roblox (NYSE: RBLX) reported May monthly metrics and the numbers didn't impress one bit. As gamers turn to travel and leisure events, the market has known for a while now that numbers over the Summer will likely be weak.

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Anytime a stock rallies on bad news, the equity has likely hit bottom. Roblox reporting average bookings per DAU falling 24% definitely qualifies as bad news, but the stock was up over 10% on the day after initially falling back to $25.

What did Roblox report in May that stands out?

Roblox reported another month of weak monthly metrics, but DAUs rose 17% YoY. The company continues to face declining bookings with May numbers down up to 24%, though slightly better than April. The stock appears washed out after rallying twice on weak corporate news.

Is Roblox’s stock hitting bottom?

Roblox reported another month of weak monthly metrics, but DAUs rose 17% YoY. The company continues to face declining bookings with May numbers down up to 24%, though slightly better than April.

Is Roblox stock washed out?

Is Roblox’s bookings declining?

Is there a problem with Roblox today?

At the moment, we haven't detected any problems at Roblox.

Is Roblox shut down right now 2021?

Question: Will ROBLOX Shut Down? Answer: No ROBLOX will not be shut down permanently. It is a huge platform for thousands of players, and so it won't be closed.

Why was Roblox down?

Servers are the computers or computer programs that allow websites to run, so if there's an issue with them, there will be an issue with the site they're supporting. When they added more of these computers, "it caused an overload to the system, which caused the platforms to go down," the spokesperson explained.

Is Roblox having a shut down right now?

The news of Roblox shutting down is just another hoax that has been doing the rounds online. There is no indication that this will be happening anytime soon, and the company wants everyone to continue playing its game!

Will Roblox ever come back?

Yes, the platform is still down and there is no official confirmation as to when will Roblox be back up. While, down detector has confirmed the outage of the platform, the official engineers of the game is yet to confirm the same.

Why is Roblox down October 2021?

October 30, 2021 status.roblox.com reports "We believe we have identified an underlying internal cause of the outage. We're in the process of performing the necessary engineering and maintenance work to get Roblox back up and running.

Why is Roblox down again 2022?

Players around the globe are having trouble accessing their favorite Roblox games due to an outage, causing Roblox to be down on May 4, 2022. Roblox is aware of the issue and has issued a statement via its official Twitter account. The Official Roblox Status website has classed this issue as a service disruption.

How many people are playing Roblox right now?

1,393,668 Players Online You are viewing the live Roblox player count on PlayerCounter. Come back to this page when you want the latest update on live Roblox players or update to show the most recent amount of players online. *Ad blockers may prevent stats from updating, please whitelist us.

What's the longest Roblox has been down?

On October 29, 2021, the maintenance message had re-appeared for the first time in 2 years. It occurred due to a major internal system issue. This has also been the longest time that Roblox ever went into maintenance, clocking in at three days.