Roblox Corporation RBLX has seen a sharp 38% decline over the past three months compared with the industry’s fall of 11.1%.
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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Update 10:05am: Adds Roblox response. Roblox (NYSE:RBLX) fell 2% after a new short report from Hindenburg Research. Hindenburg says it's short gaming platform Roblox (RBLX). "We totally reject the ...
Roblox (RBLX) has quietly slipped about 6% in the past day and roughly 13% over the past month, even as its annual revenue grows in the low 20% range and user engagement stays strong. See our latest ...
Every once in a while, a few stocks come under attack from short-selling firms or, essentially, by anyone that doesn’t align with that stock’s business or interests. It is tricky for retail investors ...