Why did Roblox Corp. (RBLX) Stock Fall By 21% After Earnings?

Roblox Corp. released earnings on August 9 2023 with RBLX Stock dropping 23%. Dow Jones, S&P 500, and NASDAQ fell 159, 19 & 110 points, respectively.

Why did Roblox Corp. (RBLX) Stock Fall By 21% After Earnings?

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