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ROBLOX SHARES PLUNGE
US stocks today: Roblox shares tumble as forecast cut signals safety measures weighing on user growthRoblox shares on Friday plunged to their lowest levels in 18 months after the company cut its annual bookings forecast, raising concerns th...- US stock market today: Why S&P 500 falls while Dow, Nasdaq rise — here’s which major stocks made the biggest moves today?US stock market today ended mixed. The S&P 500 fell 0.3%, dragged by tech losses, while the Dow Jones rose 85 points (0.2%) and the Nasdaq ...
- Hindenburg Research discloses short position on gaming company Roblox. Shares plunge 9%Hindenburg Research disclosed a short position in Roblox, claiming the gaming platform falsely inflated user metrics, including daily activ...
- China announces rules to reduce spending on video gamesThe new rules, which will effectively set spending limits for online games, sparked panic among investors, wiping off nearly $80 billion in...
- As Tiger Global's VC arm borrows billion, JPMorgan calls in more banksBooming equity markets and high-flying Chinese tech stocks -- many of which cratered this year -- were major contributors to that breakneck...
- Welcome to the metaverse; Oyo’s pre-IPO movesLike Zoom calls, food delivery and work from home, the idea of building the “metaverse” has surged in popularity during the pandemic. Orave...
- Will Jhunjhunwala-backed Nazara IPO break records on Dalal Street?IPO watchers say the Jhunjhunwala-backed Nazara Technologies is likely to be the showstopper of the season.
- Airbnb valuation reaches $100 billion in trading debut surgeSan Francisco-based Airbnb’s fully diluted valuation is even higher, around $100 billion including employee stock options and restricted st...
- Airbnb reaches $47 billion value in above-range IPOAirbnb and its investors sold about 52 million shares Wednesday for $68 each after marketing them for $56 to $60 each.
- Airbnb set for huge day-one pop, value could top $100 billionThe stock will start trading Thursday, with early pricing indications climbing as high as $150 per share, way above the $68 IPO price.
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