Roblox Shares Surge Monday: What's Driving The Move?

benzinga_article
2026.05.18 15:06
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Roblox Corp (NYSE:RBLX) shares surged 9.52% to $46.93 on Monday as traders adjusted stock prices following a recent guidance reset. Despite a cut in fiscal 2026 revenue guidance, engagement metrics improved, with daily active users up 35% to 132 million. Key resistance is at $60.00, while support is near $42.00. The stock remains below key moving averages, indicating potential challenges ahead unless momentum can be rebuilt.