Roblox Sinks 6% as Jefferies Cuts to Underperform With $38 Price Target; Take-Two Holds Flat, GameStop Dips

A Jefferies downgrade is landing directly on Roblox (NYSE:RBLX) while the rest of the video game group barely budges. Roblox stock is down 6% to $43.72 after Jefferies cut its rating to Underperform. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.52%, so the overall market is offering only a moderate drag against a […]