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Roblox 'totally' rejects Hindenburg Research's claims Roblox Corp. shares are down 3.3% Tuesday after short seller Hindenburg Research alleged that the online gaming company has inflated key metrics.
It also said that interviews with former Roblox employees revealed the company tracks both accurate metrics for internal business decisions and inflated ones for investors.
Roblox accused of inflating player count by 25-42% and engagement hours by 100% Former employees indicate Roblox's inflated user numbers and engagement times Refuted report impacts shares with ...
Shares of Roblox (RBLX) fell in trading on Tuesday after Hindenburg research disclosed a short position in the stock. The short seller alleged that the online gaming platform has inflated its ...
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.
(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 ...
Hindenburg Research claimed Roblox overstated its user metrics and prioritized growth over child safety in a report published on October 8. The research company, based on interviews with former ...
Roblox is under fire from Hindenburg Research. The stock critic's report against Super Micro Inc. ultimately led to a Department of Justice investigation.
The US Securities and Exchange Commission concluded a case involving the online video-game platform Roblox Corp. in May, ...
Roblox Corp. shares are down 3.3% Tuesday after short seller Hindenburg Research alleged that the online gaming company has inflated key metrics.