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 ...
UPDATE 9/10/24: Roblox has responded at length to yesterday's report by Hindenberg Research that alleges the platform has not been transparent with shareholders over its user activity metrics, and ...
Investment research and advocacy firm Hindenburg says it's shorting Roblox stock because the game platform is misleading investors by overstating player counts and presenting financial figures that ...
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 ...