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 ...
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Roblox Inflated Data And Doesn’t Protect Underage Gamers, Short Seller Alleges—Stock Falls 6%
Influential short seller Hindenburg Research revealed Tuesday it took a short position against kids-oriented video game platform Roblox, accusing the company of inflating key metrics of user ...
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Roblox Shares Drop by 20% As Daily Active Users Fall Short of Target Goals
Roblox shares have dropped by 20% as the platform’s daily active users fell short of projections, despite record revenues.
The research firm, which has taken a short position in Roblox’s stock, released a report arguing the company does not do enough to keep children safe. On Tuesday, Roblox—the gaming platform popular ...
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