Why is gaming giant Roblox losing tens of billions in market value?

Roblox, once a darling of the gaming world, has seen a dramatic $70 billion drop in market value over the past year, which is surprising given its previous financial highs. The company attributes this to shifts in user preferences and the challenges of broadening its appeal to older gamers. However, experts suggest there might be deeper issues at play, hinting that the company's growth trajectory could be more precarious than it appears. This shift is significant because Roblox's struggles could impact how tech giants navigate the evolving gaming landscape and user engagement strategies.