A research firm shorts Roblox because the game company is allegedly misleading investors, lying about user numbers, and facilitating illicit behavior with minors. Roblox denies the accusations.
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 ...
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 ...
Popular kids video game Roblox was branded a “pedophile hellscape,” with titles such as “Diddy Party,” and “Escape to Epstein Island,” according to Hindenburg Research – the short-seller who called ...
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 ...
The gaming world today has many safeties and securities that are meant to help ensure a smooth gaming experience when in the online space while also protecting valuable information that you might have ...
POLAND - 2023/11/09: In this photo illustration a Roblox logo is displayed on a smartphone with stock market percentages on a laptop. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via ...