Roblox Shares Slip as CFO Guthrie Steps Down After Six Years
- Daily users jumped 21% in second quarter from a year ago
- CFO Michael Guthrie stepping down to pursue personal interests
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Roblox Corp. shares slid Thursday morning after the operator of a popular video-game platform for kids said Chief Financial Officer Michael Guthrie is stepping down to pursue personal interests.
The departure of Guthrie, who has been at Roblox since 2018 and helped shepherd the company through its 2021 stock market listing, overshadowed an otherwise positive earnings report. The shares were down 4% to $39.87 at 10:25 a.m. in New York.