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Short-selling firm Hindenburg Research said in a report released Tuesday that the videogame platform Roblox RBLX-0.26%decrease; red down pointing triangle has reported inflated user metrics to ...
One Roblox player has changed their name 769 times, baffling the internet. The user has spent 769,000 Robux on name changes alone, equating to almost $10,000.
Roblox is accused of lying to investors about the number of daily users on the platform, with a report from Hindenburg Research claiming it’s much lower.
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.
A new report claims that Roblox has inflated its user numbers to placate investors and has become rife with child abuse.
Roblox stock jumped after the company raised its annual outlook, following a quarter where daily user count and hours played surged. Shares rose around 19% in morning trading, topping $51. The ...
Short sellers accuse Roblox of inflating user stats and enabling child exploitation Hindenburg Research, known for publishing damaging research it profits from, has been criticized for its practices.
Roblox Earnings: Strong User Growth and Cost Leverage Bode Well for 2024 After a nice jump on the earnings release, Roblox stock continues to look attractive and undervalued.