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Investors will have to weigh the benefits of massive user growth against ongoing losses and a rising valuation.
According to Reese, Roblox stock, which costs less than $127 after getting hit hard earlier a couple of weeks ago on litigation concerns, could gain nearly 30% over the next 12 months.
Louisiana AG Liz Murrill has filed a lawsuit against Roblox, accusing the gaming platform of enabling child exploitation and failing to protect young users.
Rumours are swirling that could leave millions of young gamers in tears and their parents scrambling for answers.
Louisiana sues Roblox alleging the popular gaming site fails to protect children. The platform has more than 111 million monthly users.
An Oakland County mother has filed a federal lawsuit against Roblox, alleging the popular online game platform enabled predators to sexually exploit her 10-year-old daughter. The plaintiff says ...