Roblox Corp. shares are down 3.3% Tuesday after short seller Hindenburg Research alleged that the online gaming company has inflated key metrics.

Roblox stock dropped Tuesday after the short-seller Hindenburg Research accused the gaming platform of inflating user metrics and deceiving investors.

Roblox shares fell as much as 12 percent after the March 2023 update showed an expectation of average bookings per daily user to fall year over year.