Roblox shares plummeted more than 20% in trading Thursday after the metaverse gaming company cut its annual bookings forecast, signaling a downturn in in-game spending and uncertain economic outlook ...

The Californian company cut its full-year bookings guidance. (Emily Flynn/Shutterstock) Roblox shares fell 22% after the videogame company issued a softer outlook for the current quarter than analysts ...

Excluding this expansion into console gaming, growth still stood at 28%. Roblox’s daily active users, which correlated to the growth in bookings, also rose by 27% year-over-year (YoY), and engagement ...