Shares of Roblox tumbled after it provided a disappointing update for March metrics.

Closing Bell

Roblox Plummets on Disappointing March Metrics

Roblox is also on the move after releasing a disappointing update for March, a video game developer saying it expects average bookings per daily user to fall year on year. And in spite of that forecast, the company reported a 26% jump in daily active users from March of last year with more than 66 million people using the platform every day. Roblox is also saying it's going to stop releasing monthly metric reports that stock down 12% at $40 a share.