RBLX is trading at $72.86 (-3.21%) in the early session, pulling back in alignment with the NASDAQ Composite's 1.58% decline amid broader AI cost concerns.
- The market pressure is exacerbated by Microsoft’s 7% decline, despite its recent earnings beat.
- Q4 earnings are scheduled for February 5, providing the next major company-specific catalyst.
- JPMorgan recently called engagement trends encouraging, though Zacks flags an expected $0.49/share loss for the quarter.