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 ...
(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.
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 ...
Sarah has been an editor and contributor for Game Rant since 2015. After meeting her first Chocobo, she never looked back. Sarah majored in game design in college and utilizes that knowledge to ...
Popular gaming platform Roblox is the latest target of American short seller Hindenburg Research which has alleged that the company inflated metrics including user numbers. Following the report, ...
Fans are frustrated with Roblox's increased prices for cosmetic items, with some items now costing over 11 times their original price. The new Dynamic Price Floor system has led to fluctuating item ...
Update, 4 p.m. PT, October 8: Roblox has posted a lengthy statement to its Investor Relations website refuting the Hindenburg Research report, calling the financial claims "misleading" and asserting ...