On Tuesday, Roblox—the gaming platform popular with Gen Z and Gen Alpha—saw its stock take a dive. Roblox stock fell 9.4% in early trading, even as it’s already dropped by 15% this year. As of midday ...
Roblox has been targeted by short-selling firm Hindenburg Research over allegations that the gaming company inflates the number of real humans on its platform and has not gone far enough to protect ...
Roblox Corp (NYSE:RBLX) stock plunged on Tuesday after Hindenburg Research issued a short report on the online game platform questioning its metrics such as user numbers. The report alleged that ...
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 ...
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, ...
Oct 8 (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 ...