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Roblox Inflated Data And Doesn’t Protect Underage Gamers, Short Seller Alleges—Stock Falls 4% By Derek Saul, Former Staff. Derek Saul has covered markets for the Forbes news team since 2021.
The short seller noted that reported cases are just the “tip of the iceberg,” suggesting many child abuse cases related to Roblox go undetected by authorities and media.
Roblox's stock dropped 10% after short-seller Hindenburg accused it of inflating user numbers. Some of Hindenburg's previous reports have led to SEC investigations and indictments. But after the ...
Roblox accused of lying to investors about user numbers by Hindenburg Research A short-seller report claims Roblox intentionally includes bots and alt accounts in its user numbers and fails to ...
A short report takes aim at gaming company Roblox. The Bear Cave previously issued a short report on the company in February 2022. Get access to the leaderboards pointing to tomorrow’s biggest ...
Short sellers accuse Roblox of inflating user stats and enabling child exploitation Hindenburg Research, known for publishing damaging research it profits from, has been criticized for its practices.
Roblox stock’s short interest rose by 2.6% during the past month, which means those new short sellers might create more buying pressure on the stock’s recovery.
Gaming Industry Roblox Roblox clashes with an 'activist short-seller' who's going after its share price with accusations that it's running a 'pedophile hellscape' and lying about user numbers ...
Roblox (NYSE:RBLX), a leading 3D experiences developer, saw its shares plummet more than 20% after reporting first-quarter earnings two weeks ago. The company is facing short-term headwinds, which ...
(Bloomberg) -- The stunning rally in Roblox Corp. has forced short sellers to pull back as upbeat investors pile into its stock amid an uptick in users of its video-game platform. Most Read from ...
Roblox stock is fresh off a post-earnings plunge and now finds itself off around 80% from its November 2021 peak.