Roblox needs fresh viral hits to prove long-term growth, Wedbush says

Roblox Corp (NYSE:RBLX) is seeing stronger-than-expected third-quarter engagement, led by the hit game Steal an Egg, prompting Wedbush to raise its estimates.  The firm now expects third-quarter Bookings of $1.7 billion and EBITDA of $215 million, up from prior estimates of $1.64 billion and $193 million.