Roblox slid over 10% in morning trading as it broke the growth momentum for six consecutive months

Roblox slid over 10% in morning trading as it broke the growth momentum for six consecutive months.Its sales of video games in November decreased by 10% compared with November 2020 to US $6.3 billion, breaking the growth momentum of the industry for six consecutive months.

The main reason is that hardware sales have dropped by nearly 600 million US dollars compared with last year. Due to the pressure of supply chain, the next generation of game consoles is still missing more than a year after the release of PlayStation 5 (SONY.US) and Xbox Series S and X (MSFT.US).