Roblox shares fell as much as 9% after the short seller said the company conflated daily active users (DAUs) with the number ...
Hindenburg alleged that Roblox misrepresented its daily active users (DAUs) by conflating the number of visits to the platform with unique individuals.
Hindenburg Research accused Roblox of inflating user metrics, leading to a 9% drop in shares. The firm misrepresented engagement levels, the short seller said.