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Roblox Stock Falls
Short seller Hindenburg alleges Roblox inflated key metrics, and gaming company hits back
Roblox Corp. shares are down 3.3% Tuesday after short seller Hindenburg Research alleged that the online gaming company has inflated key metrics.
Roblox Stock Falls After Short-Seller Hindenburg Targets Its Shares
Key Takeaways Roblox is accused by short seller Hindenburg Research of lying about its user data. The news sent its shares lower on Tuesday. The researchers claim Roblox inflates the number of users and the time they are playing games on the site.
Roblox Stock Pares Losses After Short-Seller Claims
Roblox shares fell about 3.1% in midday trading after short-selling firm Hindenburg Research said in a report Tuesday that the videogame platform has reported inflated user numbers and favored growth over child safety.
1h
on MSN
Roblox accused of lying to investors about user numbers by Hindenburg Research
Roblox is facing accusations that it lied to investors about the number of people who use the platform. In a report published ...
1h
Parents Warned: Roblox Is ‘a Pedophile Hellscape for Kids’
Registered as a child, Hindenburg Research was able to access Roblox games like “Escape to Epstein Island” and “Diddy Party.” ...
20m
on MSN
Video game Roblox branded ‘paedophile hellscape’ for children
A massively popular online children’s video game has been labelled a “paedophile hellscape” by a notorious US investment firm ...
20m
Why Roblox (RBLX) Shares Are Plunging Today
Shares of gaming metaverse operator Roblox (NYSE:RBLX) fell 8.2% in the pre-market session after short-seller Hindenburg ...
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