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Why is gaming giant Roblox losing tens of billions in market value?

Roblox isn’t getting the high financial scores that it used to, as the popular gaming platform has lost approximately $70 billion US in market value over the last year. The company says the steep drop-off is partly because of changes in the games its users play and growing pains as it attempts to attract older gamers — but experts say more could be at play.

Why is gaming giant Roblox losing tens of billions in market value?

We haven't written up this one. CBC News has the full story — the link below goes straight to it.

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