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 ...
Roblox has become the subject of a short-selling report from Hindenburg Research. However, safety costs and high stock-based compensation are bigger issues for the company. Similar to the Bear Cave ...
Influential short seller Hindenburg Research revealed Tuesday it took a short position against kids-oriented video game platform Roblox, accusing the company of inflating key metrics of user ...
Every once in a while, a few stocks come under attack from short-selling firms or, essentially, by anyone that doesn’t align with that stock’s business or interests. It is tricky for retail investors ...
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 ...
Battle Royale Fortnite has quickly pulled its latest accolades trailer after letting a saucy foreplay reference slip through the cracks Gaming Industry CEO of Manor Lords and Against the Storm ...
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 ...
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Short Seller Hindenburg Goes After Roblox
Short-selling firm Hindenburg Research said in a report released Tuesday that the videogame platform Roblox has reported inflated user metrics to investors and has favored growth over child safety.
Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ...
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 also reported average daily users of 85.3 million, an increase of 19% from the year-ago period but short of an 88.4 million forecast. For its first quarter, Roblox expects to achieve bookings ...
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