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 ...
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 ...
Roblox (RBLX), the company behind one of the most popular platforms for user-generated games and experiences, has faced great scrutiny recently. A few days ago, Hindenburg Research, known for its high ...
A bombshell report from famed activist short-selling firm Hindenburg Research caused Roblox’s stock to plummet by as much as 9% in intraday trading after it accused the company of overinflating its ...
Update, 4 p.m. PT, October 8: Roblox has posted a lengthy statement to its Investor Relations website refuting the Hindenburg Research report, calling the financial claims "misleading" and asserting ...
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