Roblox shares plunge on safety

Roblox shares experienced their steepest decline in four years after the company lowered its full-year bookings forecast.

CEO Dave Baszucki attributed the slower user growth to 'aggressive safety features' implemented to protect younger players, including chat restrictions for users under nine.

The platform has faced mounting pressure from regulators and parents to enhance child protections.

While the safety measures have created short-term friction for user acquisition, the company maintains they are essential for long-term sustainability.