Roblox Stock Falls
Short seller Hindenburg alleges Roblox inflated key metrics, and gaming company hits back
Roblox Corp. shares are down 3.3% Tuesday after short seller Hindenburg Research alleged that the online gaming company has inflated key metrics.
Roblox Stock Falls After Short-Seller Hindenburg Targets Its Shares
Shares of Roblox fell Tuesday as short seller Hindenburg Research accused the online gaming platform of overstating its user numbers.
Roblox Inflated Data And Doesn’t Protect Underage Gamers, Short Seller Alleges—Stock Falls 6%
Among the bombshell allegations from Hindenburg include an “X-rated pedophile hellscape” where underage accounts could gain access to disturbing game modes such as “Escape to Epstein Island.”
Roblox Stock Pares Losses After Short-Seller Claims
Roblox shares fell about 3.1% in midday trading after short-selling firm Hindenburg Research said in a report Tuesday that the videogame platform has reported inflated user numbers and favored growth over child safety.
Roblox accused of lying to investors about user numbers by Hindenburg Research
Roblox is facing accusations that it lied to investors about the number of people who use the platform. In a report published on Tuesday, the investment firm Hindenburg Research claims Roblox is “consistently overstating the amount of people on its platform by 25 percent to 42 percent or more.
Hindenburg Research takes short position in Roblox
Hindenburg Research on Tuesday disclosed a short position in Roblox, saying the videogame company has been lying to investors and regulators about the number of users on its platform.
Short-Seller Hindenburg Goes After Roblox
The research firm alleges that the videogame company has exaggerated user data and compromises child safety.
Hindenburg Research goes short on Roblox, alleging inflated metrics
The company conflated "people" with its daily active users, based on its own definition of DAUs which says the metric is not a measure of "unique individuals accessing Roblox". Roblox did not immediately respond to a Reuters request for comment.
Short Seller Hindenburg Issues Report On Roblox, Accuses Company of Misleading Metrics
Roblox Corp (NYSE: RBLX) stock down on report of short position by Hindenburg Research. Doubts key metrics such as user numbers, engagement. Concerns over child safety, insider stock sales, executive turnover.
Hindenburg Goes Short on Roblox: Summary of Allegations
In May, we reported that RBLX stock took a dip after downgrading Q2 2024 guidance. Although Roblox has shown a steady rise in gross profit since 2020, Hindenburg Research posits that its valuation is not fair based on two main factors:
Roblox shares slide after short-seller Hindenburg accuses platform of ‘lying to investors’
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 shares fell as much as 9% after the short seller said the company conflated daily active users (DAUs) with the number of people visiting its platform.
Parents Warned: Roblox Is ‘a Pedophile Hellscape for Kids’
Registered as a child, Hindenburg Research was able to access Roblox games like “Escape to Epstein Island” and “Diddy Party.” ...
Roblox Is Playing Dumb About the Bots and Predators on Its Platform, Hindenburg Research Says
Hindenburg found the platform recently had hundreds of active accounts under different variations of the name Jeffrey Epstein ...