Roblox shares fell as much as 9% after the short seller said the company conflated daily active users (DAUs) with the number of people visiting its platform. The stock was recently down 3% at $40.06.

Roblox shares slid more than 20% in early trading, as the gaming giant dialed back its forecasts for growth and first-quarter earnings showed player spending is slowing.

Roblox users are reporting widespread login issues and receiving an "Unknown error occurred" message.

Roblox Corp (RBLX) stock price fell after reporting Q4 2024 results. Despite revenue growth and adjusted EPS beat, bookings missed estimates.