Hindenburg alleged that Roblox misrepresented its daily active users (DAUs) by conflating the number of visits to the platform with unique individuals.
Hindenburg Research accused Roblox of inflating user metrics, leading to a 9% drop in shares. The firm misrepresented engagement levels, the short seller said.
Hindenburg Research released a report on the gaming giant Roblox Corporation, alleging that the company has inflated its key ...
The research firm alleges that the videogame company has exaggerated user data and compromises child safety.
Hindenburg Research accused Roblox of inflating user metrics, leading to a 9% drop in shares. The firm misrepresented ...
The see-saw motion of stocks in October isn’t all that bad if investors can seize the right time to enter the market or solidify their positions further.
Roblox is accused by Hindenburg Research of inflating its user numbers by including alt accounts and bots. Hindenburg's ...
Equities in Asia climbed Wednesday after a tech rally lifted Wall Street and bets on Federal Reserve rate cuts stabilized.
Finance Minister Nirmala Sitharaman stressed the importance of examining facts before criticizing Sebi chief Madhabi Puri ...
Roblox fell as much as 9.4% as the short-seller Hindenburg Research said the popular gaming company was "lying to investors." ...
Hindenburg reported that Roblox has been exaggerating its user base, losing money, and putting growth ahead of child safety.
Hindenburg found the platform recently had hundreds of active accounts under different variations of the name Jeffrey Epstein ...