Is it game over for Roblox? RBLX stock crashes 27% post-earnings

The post-pandemic struggles and the overall slowdown in the gaming industry have significantly impacted many franchises, with Roblox (NYSE: RBLX) suffering the same fate after announcing Q1 earnings.After the announcement, RBLX stock plummeted by an astonishing 27.49%, effectively reducing the price of RBLX shares from $39.03 to $28.03 in the pre-market.RBLX stock 24-hour price chart. Source: Google FinanceBeating estimates wasn’t enough for RobloxRoblox exceeded Q1 earnings and revenue estimates but saw a ...