Roblox earnings bring a big bookings milestone, sending the stock rocketing

Roblox Inc. shares tend to swing big after earnings and Wednesday’s results could bring a continuation of that trend. Shares of Roblox RBLX, +3.18% were rising 12% in premarket action after the gaming company set a milestone with its bookings figure and issued an upbeat outlook on the metric for the year ahead.The company generated fourth-quarter revenue of $749.9 million, up from $579.0 million a year before. Roblox also reported bookings of $1.13 billion, up from $899 million a year before and ahead of th ...