Hindenburg shorts gaming giant Roblox, alleges up to 42% inflated key metrics; shares plunge over 2%
US-based short seller Hindenburg Research released a report on the gaming giant Roblox Corporation, alleging that the company has inflated its key metrics for Wall Street, the short seller said in its ...
(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.
The short-seller Hindenburg Research accused Roblox of lying to investors and inflating user data. Shares in the company fell as much as 9.4% on Tuesday. Hindenburg also said the gaming platform was ...
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 ...
Hindenburg Research, a prominent short-selling firm, has released a scathing report accusing the Roblox Corporation, amongst other things, of creating an "X-rated paedophile hellscape" for children, ...
Hindenburg Research has taken a short position in online gaming platform Roblox Corporation, accusing the company of lying to investors and regulators about the number of 'people' on its platform, ...
Shares of Roblox were trading sharply lower after a report from short seller Hindenburg Research alleged Tuesday that the videogame platform has inflated user metrics and put child safety at risk.
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 staff ...
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