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00:03Roblox stock rose nearly 6% on Tuesday after the company launched new age-based account features globally,
00:10outperforming a weak technology sector, according to Benzinga.
00:14Roblox expanded its kids and select accounts globally for users under 16,
00:19building on an initial rollout in four countries.
00:22The new age-based system automatically assigns users based on Roblox's age check process
00:27and consolidates content ratings, moderation, chat settings, and parental controls into one framework.
00:34Roblox Kids covers ages 5 to 8 with the strongest protections, while Roblox Select serves ages 9 to 15.
00:41The company also added game blocking, chat management, and a parental game approval feature.
00:46The Nasdaq fell 1.24%, and the S&P 500 slipped 0.31%,
00:52with technology as the day's worst performing sector down 1.7%.
00:57Shares were up 5.80% at $48.31 at publication time,
01:03though the stock remains down 51.9% over the past 12 months, according to Benzinga Prodata.
01:09For all things money, visit Benzinga.com.
01:12For all things money, visit Benzinga Prodata.com.
01:13For all things money are there, Benzinga Prodata.com.
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