Roblox's Momentum Fades As EU Digital Services Act Probe Triggers Stock Slide - Roblox (NYSE:RBLX)

Roblox Corp. (NYSE:RBLX) is facing a significant technical breakdown as its stock momentum plummeted to a percentile rank of 12.92 this week.RBLX Momentum Sinks Along With A YTD FallThe social gaming giant, often positioned as a primary competitor to Meta Platforms Inc. (NASDAQ:META) in the metaverse space, has seen its shares sink 17.12% year-to-date.This decline follows a staggering 46.25% drop over the last six months, leaving RBLX‘s price trends in the “red” across short, medium, and long-term horizons, ...