![]() ![]() It doesn’t look like things are reverting to their former status. Investing does look to be forever changed. ![]() It was one of the stranger things to happen in the markets in 2021. ![]() It was when r/WallStreetBets fans decided to band together and take on Wall Street short sellers at their own game that this phenomenon began. I don’t recommend buying either but I do believe they represent an amazing narrative. If you’re like me, you associate Reddit stocks with the r/WallStreetBets message board and AMC (NYSE: AMC) and GameStop (NYSE: GME) stocks in particular. "The question: Is monetization a canary or is engagement a sign of transitory issues?" Uerkwitz added.We’re well into 2022 which means we’ll be discussing stocks to buy this year. Bookings had gained 20% in the fourth quarter. Bookings rose a mere 2% to 3% in the month. Revenue rose in a range of 64% to 66%, Roblox said, slowing from an 83% growth rate in the fourth quarter. To Uerkwitz's point, January metrics were also underwhelming on a relative basis. "Growth rates have declined as we are comparing, in some cases, to quarters last year in which certain key metrics doubled or even nearly tripled," Roblox pointed out in a letter to shareholders. User growth in Q4 also barely missed expectations, with Roblox announcing 49.5 million daily active users, versus the 50.1 million Wall Street was looking for. Losses per share: $0.25 versus $0.11 expected.Bookings: $770 million versus $786 million expected.Revenue: $568 million versus $604 million expected.Here is how Roblox performed compared to Wall Street analyst estimates for its most recent quarter: Shares of the gaming giant crashed 20% to $58 in pre-market trading - bringing the stock below its $64.50 direct listing price from March 2021 -as analysts voiced their concerns. Roblox shares are getting whooped in the real world on Wednesday after disappointing earnings. ![]()
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