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Roblox went public in 2021, and had a roughly $25 billion market value as of Tuesday, about a third of its peak valuation of more than $75 billion in late 2021 as its share price faded alongside ...
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.
A research company accused Roblox of inflating its active user counts and enabling predatory behavior. Though Hindenburg Research has a notorious reputation, the report raises questions about the ...
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