According to CoinMeta, and as reported by Bloomberg, the stock price of Universal Music Group ( UMG NA ) has fallen to its lowest point since its listing. Previously, the company reported disappointing growth in subscription revenue. The subscription revenue of the world's largest record label increased by 16.6% in constant currency, including the impact of acquiring Downtown Music Holdings, but analysts had expected a growth of 19.2%. In addition, the stock price of Roblox ( RBLX ) declined due to the video game company's second-quarter performance being disappointing in key indicators such as users and engagement time, and its forecasts for pre-orders and revenue also fell short of expectations. The stock price of Reddit ( RDDT ) fluctuated; although its expected revenue for the current quarter exceeded Wall Street's forecasts, the stock price still dropped because no new data licensing agreements were announced.