Roblox Surges 0.18 With $1.67B Volume as Legal Scrutiny Intensifies Amid 43rd-Highest Trading Activity

On August 20, 2025, Roblox (RBLX) traded with a 0.18% increase, marking a daily trading volume of $1.67 billion—a 88.47% surge from the previous day. This ranked the stock 43rd in terms of trading activity across the market.

Federman & Sherwood, a law firm specializing in investor advocacy, announced an investigation into Roblox Corporation for potential securities claims. The probe follows recent allegations that the platform has failed to implement adequate safety measures, including robust age verification systems and parental controls. Louisiana’s lawsuit against Roblox highlights concerns over the company’s prioritization of growth over child protection, with California joining the legal action citing over 300 related cases. These developments have raised broader scrutiny over corporate governance practices in the online gaming sector.

A backtesting analysis of a strategy involving the top 500 stocks by daily trading volume from 2022 to 2025 showed a 1-day return of 0.98% and a total return of 31.52% over 365 days. This suggests the strategy captured short-term momentum but also reflected inherent market volatility and timing risks.