Surprise Me!

Hindenburg Hits Roblox With Short Report, Accuses Gaming Platform of Misleading Investors By Inflating Metrics

2024-10-08 59 Dailymotion

Roblox Corp (NYSE:RBLX) stock plunged on Tuesday after Hindenburg Research issued a short report on the online game platform questioning its metrics such as user numbers.<br /><br />The report alleged that Roblox inflated key user metrics, claiming daily active users (DAUs) and engagement hours are overstated by 25-42% and over 100%, respectively.

Buy Now on CodeCanyon