Roblox Corp. shares are down 3.3% Tuesday after short seller Hindenburg Research alleged that the online gaming company has inflated key metrics. Roblox (RBLX) said that it totally rejects ...
Hindenburg Research disclosed a short position in Roblox stock on Tuesday, accompanied by a scathing report. Shares of Roblox plunged as much as 9% following the release of the bearish report. From ...
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 ...
The stock fell as much as 9.4% in intraday trading Tuesday in New York, hitting the lowest level since early August. The online gaming company’s stock has shed more than 15% so far this year.
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 ...
Update 10:05am: Adds Roblox response. Roblox (NYSE:RBLX) fell 2% after a new short report from Hindenburg Research. Hindenburg says it's short gaming platform Roblox (RBLX). "We totally reject the ...
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 ...
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 ...
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 ...
Hindenburg Research hit the again headlines this week when it unveiled a short position against Roblox. The activist investor published a report on Tuesday that alleged the online gaming platform ...