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(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 'totally' rejects Hindenburg Research's claims Roblox Corp. shares are down 3.3% Tuesday after short seller Hindenburg Research alleged that the online gaming company has inflated key metrics.
It also said that interviews with former Roblox employees revealed the company tracks both accurate metrics for internal business decisions and inflated ones for investors.
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 ...
Roblox stock dropped Tuesday after the short-seller Hindenburg Research accused the gaming platform of inflating user metrics and deceiving investors.
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.
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 ...
Roblox is under fire from Hindenburg Research. The stock critic's report against Super Micro Inc. ultimately led to a Department of Justice investigation.
"Roblox is simply not doing enough to protect our kids, to inform parents, and to go after child predators. As you know, I am leading the fight for the full release of the Epstein files.
Roblox Stock Falls on Short-Seller Report Alleging Inflated User Metrics, Safety Concerns. Company Denies Charges Emily Dattilo Tue, October 8, 2024 at 3:06 PM UTC 2 min read ...
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