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A bombshell report from famed activist short-selling firm Hindenburg Research caused Roblox’s stock to plummet by as much as ...
FILE PHOTO: The Roblox trading information is displayed on a banner, to celebrate the company's IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, U.S., March 10, 2021.
Hindenburg also claims that Roblox faces problems with safety, especially around minors being exposed to harmful content. These two arguments seem to form the backbone of Hindenburg’s case for ...
While Roblox is technically calling out all of Hindenburg’s claims as misleading, it’s worth noting how the statement handles its responses to the two major claims made by Hindenburg.
Roblox Corp (NYSE: RBLX) stock down on report of short position by Hindenburg Research. Doubts key metrics such as user numbers, engagement. Concerns over child safety, insider stock sales ...
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 ...
Roblox reportedly told the SEC in 2023 that it is "unable to identify if a user has multiple accounts," but Hindenburg calls that "a flat out lie" too, saying it's spoken to multiple former ...
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.
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.
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.
Roblox shares slumped Tuesday after short seller Hindenburg Research said it’s betting against the gaming platform. The stock fell as much as 9.4% in intraday trading Tuesday in New York ...
Roblox is the target of a short-seller that accuses it of being unsafe for kids. It disagrees. I downloaded the app — and I ...