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Short-selling firm Hindenburg Research said in a report released Tuesday that the videogame platform Roblox RBLX2.10%increase; green up pointing triangle has reported inflated user metrics to ...
The analysis from Hindenburg Research is quite a read — both in length and in terms of substance — but the basics are that it believes Roblox Corp. has inflated its daily active user stats by ...
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 ...
Roblox Corporation stocks dipped on Tuesday after a new report from investment firm Hindenburg Research, which accused it of deliberating inflating its daily active user stats and fostering what ...
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.
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.
Roblox (RBLX) has released its second quarter 2024 earnings, and it’s looking pretty good. Roblox surpassed user estimates and boosted its forecast. The platform known for bringing millions ...
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