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Roblox Corp. shares are down 3.3% Tuesday after short seller Hindenburg Research alleged that the online gaming company has inflated key metrics. Roblox (RBLX) said that it totally rejects ...
Roblox (RBLX), the company behind one of the most popular platforms for user-generated games and experiences, has faced great scrutiny recently. A few days ago, Hindenburg Research, known for its high ...
The short-seller Hindenburg Research accused Roblox of lying to investors and inflating user data. Shares in the company fell as much as 9.4% on Tuesday. Hindenburg also said the gaming platform was ...
Hindenburg alleges Roblox misled investors, overstating daily active users by 25-42% and engagement hours by over 100%. The report accused Roblox of prioritizing growth metrics over child safety by ...
Update 10:05am: Adds Roblox response. Roblox (NYSE:RBLX) fell 2% after a new short report from Hindenburg Research. Hindenburg says it's short gaming platform Roblox (RBLX). "We totally reject the ...
(Reuters) -Hindenburg Research disclosed a short position in Roblox on Tuesday, alleging that the gaming platform popular among young children inflated metrics including user numbers and engagement.
Roblox has rejected claims in a new report that accuses the company of misleading investors by inflating key metrics, as well as failing to protect young users from sexual predators and inappropriate ...
Shares of Roblox (RBLX) fell in trading on Tuesday after Hindenburg research disclosed a short position in the stock. The short seller alleged that the online gaming platform has inflated its number ...
Yesterday, Hindenburg Research published a detailed report on Roblox, which lay a few damning accusations at Roblox Corporation’s feet. The main two being that first, Roblox is flat-out lying to ...
Roblox has been accused of inflating key metrics like its engagement hours by an estimated 100%. Financial research firm Hindenburg Research has argued that Roblox is misleading investors, regulators, ...
A damning new report concerning mega metaverse Roblox claims the company has been “lying to investors, regulators, and advertisers,” specifically about the number of active users and the presence of ...
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