Roblox shares tumble as new safety features drive daily active users below expectations
Roblox Corporation's shares tumbled after the company reported a significant drop in daily active users for the first quarter, falling short of analysts' expectations primarily due to new safety features like age verification checks. The platform, which relies heavily on children as its core audience, now counts 132 million daily active users globally, down from 144 million at the end of last year and 152 million in the third quarter, according to its latest earnings report as detailed by The Verge.