Roblox Corp. (NYSE:RBLX) is one of the 10 Stocks With Standout Gains.
Roblox rallied for a second day on Tuesday, surging 8.06 percent to close at $49.34 apiece, as investors took heart from its launch of two new accounts designed for increased protection, which are designed to evolve as children grow.
In an update on the same day, Roblox Corp. (NYSE:RBLX) said that it officially rolled out globally the Roblox Kids and Roblox Select accounts, both age-based experiences for users under 16.
For illustration purposes only. Photo by Bulat Khamitov on Pexels
The official launch followed a limited market rollout in Australia, Indonesia, New Zealand, and the Netherlands last month.
The accounts are designed to align game access, chat features, and parental controls with a user’s age, while giving parents more visibility and flexibility over their child’s experience on the platform.
According to Roblox Corp. (NYSE:RBLX), users are automatically placed into the applicable account experience based on Roblox’s age-check systems. The rollout brings together age checks, age-based account settings, content ratings, ongoing moderation, and expanded parental controls into a single framework designed to support younger users as they grow.
At launch, age-checked users under 16 will retain access to the vast majority of their favorite games, while the experience for age-checked users 16 and older remains unchanged.
“Children’s needs change significantly as they grow, and online experiences should adapt alongside them,” Roblox Corp. (NYSE:RBLX) Chief Safety Officer Matt Kaufman said.
“With Roblox Kids and Roblox Select, we’re creating age-based protections designed to support younger users at different stages, while giving parents tools to personalize the experience for their family.”
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