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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.
Shares of Roblox were trading sharply lower after a short-seller report alleged the videogame platform has inflated user metrics and put child safety at risk. Roblox stock fell nearly 4% to $39.75 ...
Roblox stock dropped Tuesday after the short-seller Hindenburg Research accused the gaming platform of inflating user metrics and deceiving investors.
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.
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 ...
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 ...
(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.
Hindenburg Research released a report on the gaming giant Roblox Corporation, alleging that the company has inflated its key metrics for Wall Street.
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 ...
Hindenburg Research takes short position in Roblox, alleges gaming platform 'inflated' metrics The videogame company has been lying to investors and regulators about the number of users on its ...
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.