Hindenburg Research disclosed a short position in Roblox stock on Tuesday, accompanied by a scathing report. Shares of Roblox plunged as much as 9% following the release of the bearish report. From ...
The stock fell as much as 9.4% in intraday trading Tuesday in New York, hitting the lowest level since early August. The online gaming company’s stock has shed more than 15% so far this year.
The lawsuit says Roblox ignored safety laws while misleading parents about what's really happening behind the scenes.
(Reuters) -Hindenburg Research disclosed a short position in Roblox on Tuesday, alleging that the gaming platform popular among young children inflated metrics including user numbers and engagement.
Texas sues Roblox, alleging it enabled child exploitation and misled parents about online safety. Roblox denies the claims.
Texas AG Ken Paxton is accusing Roblox of “putting pixel pedophiles and profits over the safety of Texas children,” alleging in a lawsuit filed this week that it is “flagrantly ignoring state and ...
The Rakyat Post on MSN
Roblox: Innocent Game Or A Threat To Children?
The game's developer Roblox Corporation has long been under fire over allegations for failing to protect children from sexual ...
Hindenburg Research hit the again headlines this week when it unveiled a short position against Roblox. The activist investor published a report on Tuesday that alleged the online gaming platform ...
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