Roblox Corp (NYSE:RBLX) stock plunged on Tuesday after Hindenburg Research issued a short report on the online game platform questioning its metrics such as user numbers. The report alleged 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 ...
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 ...
(Reuters) -Hindenburg Research disclosed a short position in Roblox on Tuesday, alleging that the gaming platform popular among young children inflated metrics including user numbers and engagement.
Roblox has rejected claims in a new report that accuses the company of misleading investors by inflating key metrics, as well as failing to protect young users from sexual predators and inappropriate ...
Roblox shares slumped Tuesday after short seller Hindenburg Research said it’s betting against the gaming platform. The stock fell as much as 9.4% in intraday trading Tuesday in New York, hitting the ...
A damning new report concerning mega metaverse Roblox claims the company has been “lying to investors, regulators, and advertisers,” specifically about the number of active users and the presence of ...
Roblox (RBLX), the company behind one of the most popular platforms for user-generated games and experiences, has faced great scrutiny recently. A few days ago, Hindenburg Research, known for its high ...
Roblox has been accused of inflating key metrics like its engagement hours by an estimated 100%. Financial research firm Hindenburg Research has argued that Roblox is misleading investors, regulators, ...
Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ...
Update, 4 p.m. PT, October 8: Roblox has posted a lengthy statement to its Investor Relations website refuting the Hindenburg Research report, calling the financial claims "misleading" and asserting ...
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