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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 ...
(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.
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 ...
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 ...
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 ...
Hindenburg Research claimed Roblox overstated its user metrics and prioritized growth over child safety in a report published on October 8. The research company, based on interviews with former staff ...
Roblox accused of inflating player count by 25-42% and engagement hours by 100% Former employees indicate Roblox's inflated user numbers and engagement times Refuted report impacts shares with ...
Roblox Corp. shares are down 3.3% Tuesday after short seller Hindenburg Research alleged that the online gaming company has inflated key metrics. Back To Top ...