Roblox sinks after M Science flags slowing bookings growth

Shares of Roblox (RBLX) are falling after M Science said the company’s U.S. bookings growth has “decelerated sharply” from recent highs. The analyst, however, told investors in a research note earlier that Roblox’s bookings growth to remain close to recent highs the company’s non-core markets outside the U.S. and Western Europe. Roblox shares are down 8%, or $10.44, to $123.06 in afternoon trading.