Roblox has been targeted by short-selling firm Hindenburg Research over allegations that the gaming company inflates the number of real humans on its platform and has not gone far enough to protect ...
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Roblox stock falls after Hindenburg blasts the social gaming platform over bots and pedophiles
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 ...
UPDATE 9/10/24: Roblox has responded at length to yesterday's report by Hindenberg Research that alleges the platform has not been transparent with shareholders over its user activity metrics, and ...
PCMag editors select and review products independently. If you buy through affiliate links, we may earn commissions, which help support our testing. Investment research and advocacy firm Hindenburg ...
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.
Investment research and advocacy firm Hindenburg says it's shorting Roblox stock because the game platform is misleading investors by overstating player counts and presenting financial figures that ...
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