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

A boy in silhouette holds a phone to his face with a cartoon characters on a screen in the background.

Roblox isn’t getting the high financial scores that it used to, as the popular gaming platform has lost approximately $70 billion US in market value over the last year. The company says the steep drop-off is partly because of changes in the games its users play and growing pains as it attempts to attract older gamers — but experts say more could be at play.