FILE PHOTO: The Roblox logo is displayed on a banner, 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/File Photo
(Reuters) -Roblox forecast annual bookings below estimates on Thursday, sparking fears that growth at the videogame platform was slowing after years of breakneck progress, sending its shares down 17%.
The company expects bookings for 2025 to be between $5.20 billion and $5.30 billion, the midpoint of which was below estimates of $5.27 billion, according to data compiled by LSEG.
