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 ...
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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 said that it totally rejects Hindenburg’s ...
Roblox (RBLX) reported $1.36 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 20.8%. EPS of -$0.33 for the same period compares to -$0.52 a year ago.
Roblox stock rose Tuesday after the videogame company said it is partnering with Google to expand its burgeoning ad business.
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