ROBLOX (RBLX) Fell due to Concerns Over Sustaining Momentum

Core Insights - Artisan Mid Cap Fund's fourth-quarter 2025 performance showed a decline in its Investor Class (-0.44%), Advisor Class (-0.37%), and Institutional Class (-0.35%) compared to a -3.70% drop in the Russell Midcap® Growth Index, indicating relative resilience in a challenging market [1] Group 1: Fund Performance - The Fund seeks to invest in companies with franchise characteristics, strong earnings trajectories, and trading at a discount to estimated private market value [1] - Continued strength in information technology and health care sectors contributed positively to the Fund's performance during the quarter [1] Group 2: Roblox Corporation (NYSE:RBLX) - Roblox Corporation is highlighted as a significant detractor in Q4, with shares declining 42% despite a 21% increase for the year, amid concerns about sustaining growth momentum [3] - The company reported exceptional growth in 2025, with revenue and bookings increasing by 48% and 70% year-over-year, respectively, driven by popular games [3] - As of February 20, 2026, Roblox's stock closed at $62.00, with a market capitalization of $43.94 billion, and a one-month return of -16.23% [2] - Roblox is not among the 30 most popular stocks among hedge funds, with 83 hedge fund portfolios holding the stock at the end of Q4, down from 90 in the previous quarter [4]