Roblox misses quarterly expectation for bookings


A man photographs a Roblox banner displayed, to celebrate the company's IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, U.S., March 10, 2021. REUTERS/Brendan McDermid/Files

(Reuters) -Roblox Corp missed estimates for quarterly bookings on Tuesday, as the gaming platform faced a slowdown in the pandemic-fueled surge in spending for its games including "Jailbreak" and "Adopt Me!".

Shares of the San Mateo, California-based company fell 11% in extended trading.

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