RTTNews | Jun 15, 2021 05:46PM EDT

17:45 Tuesday, June 15, 2021 (RTTNews.com) - Roblox Corporation (RBLX) saw its shares plummet 7% in an extended session Tuesday after the company reported its performance metrics for the month of May. The reports show that the number of Daily Active Users has increased 28% year-over-year to 40 million but has dropped 1% from April.

Apart from this, the money spent by the users has also seen a 2% to 3% dip from last year to $5.02 to $5.09.

However, the company has estimated an increase of around 123%- 126% for the month to $149 million - $151 million from last year.

Roblox closed Tuesday's trading at $89.80, up to $2.0 or 2.28%, on the Nasdaq. The stock, however, lost 7.03% or $6.31, in the after-hours trading and is currently trading at $83.49.

Read the original article on RTTNews ( https://www.rttnews.com/3202578/stock-alert-roblox-slumps-7-in-after-market-as-users-drop-in-may.aspx)

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