Reported about 3 hours ago
Hindenburg Research has taken a short position in Roblox, claiming the gaming platform has inflated its user metrics, particularly its daily active users (DAUs). The report suggests that Roblox conflated DAUs with total visits, which may include bots or duplicate accounts. Following these allegations, Roblox shares dropped by 9.2%. Hindenburg asserts that the true number of unique users is significantly lower and that engagement hours are also overstated.
Source: YAHOO