Reported about 6 hours ago
Roblox (RBLX) faces scrutiny from short seller Hindenburg Research, which claims the gaming platform is inflating its user numbers and fostering an unsafe environment for minors. Hindenburg suggests Roblox's reported 79.5 million daily active users may be overstated by 22%, casting doubt on the company's metrics. Despite this, Roblox's revenues are projected to grow significantly, and a spokesperson strongly disputes the claims made in the report, citing them as misleading and agenda-driven.
Source: YAHOO