Roblox stock slides after outage, TD Cowen target cut as CES ad push ramps up
Roblox shares dropped 6.4% to $75.83 Tuesday after an overnight outage and a TD Cowen price-target cut citing slowing user engagement. Downdetector logged over 20,000 outage reports early Tuesday. At CES, Roblox introduced a “Homepage Feature” ad unit and expanded programmatic ad access with partners including Amazon DSP and Magnite.