Roblox Stock Tanks 70% As Player Numbers Keep Sliding

Roblox is in a serious slump, and Wall Street is taking notice. The company's stock price took a brutal 70% nosedive after it reported a persistent decline in its player base.

According to PC Gamer, the company's financial outlook for the rest of the year has also "changed considerably."

The proposed fix? You guessed it: AI. The report notes the platform is betting on artificial intelligence tools as its path forward, hoping to reverse the troubling trend.