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- Roblox stock surged as much as 27% Wednesday after fourth-quarter results beat forecasts.
- Bookings rose by 17% in the holiday quarter compared to the previous year.
- The outlook is upbeat as well, with bookings indicating acceleration to 19%-21% annual growth.
Shares in Roblox, a game platform where users create their own activities, jumped on Wednesday after the company announced fourth-quarter earnings that surpassed expectations.