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 ...
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 ...
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 ...
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 ...
Roblox Corporation's share price slipped on the report, which was probably at least partly the goal. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it ...
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 ...
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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.
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 ...
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 ...
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