![]() This is great to see for Roblox investors, who have suffered through a tough last year as the stock sits 53% lower in the past 365-day period. And, it appears a positive price trend is forming for the stock. November saw slow growth and a decline in bookings per daily user. This was an important turnaround for Roblox after a grave update in the month prior. This increase can be attributed mainly to an increase in active daily users – which is also up about 18% from the same period last year. This will come in at around $430-$439 million. That’s where revenue comes from for the company.Īnd in the month of December 2022, bookings were up between 17%-20% year over year. This currency can be used to customize your player and access other premium features. ![]() The platform is entirely free – but users are able to purchase “Robux”, a virtual currency within the game. This is an online game platform that allows users to play an array of games – and even create games of their own. ![]() And to understand why bookings are up, you need to know what Roblox is. This stock’s movement is largely due to an increase in “bookings” – which is the figure Roblox uses in place of revenue.
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