Roblox shares dropped 10% as the company projected increased capital expenditures that could impact margins. Capital expenditures are expected to reach $468 million, up $158 million from previous guidance. Despite strong third-quarter revenue growth of 48% to $1.36 billion, the company’s widening net loss overshadowed positive outlook, with CEO David Baszucki aiming to capture 10% of the global gaming market.

Read more at CNBC: Roblox stock slips 10% as company expects more spending on safety