Roblox shares jump on blowout bookings, surging user growth
Roblox shares rallied 16% Thursday after the gaming platform reported second-quarter results that exceeded analyst expectations, driven by sharp growth in user engagement and bookings. Net bookings for the quarter rose 51% from the year prior to $1.44 billion, topping LSEG’s consensus estimate of $1.24 billion. The company now expects third-quarter bookings between $1.59 billion…