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Hindenburg - 2 — - 2 Roblox - 2 Hindenberg - 2 It's - 1 Piper Sandler - 1 Ron Kerbs - 1 Roblox's - 1
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Search resuls for: "Roblox isn't"


2 mentions found


☆ Why Roblox investors are shrugging off a blistering short-seller report
  + stars: | 2024-10-12 | by ( Lucia Moses | ) www.businessinsider.com   time to read: +6 min
Roblox stock closed at $41.60 on Friday, slightly above where it was earlier in the week when Hindenberg published its research. Related storiesIn the wake of the report, Wall Street and investors seemed to largely stick by the company. AdvertisementRoblox, which primarily makes its money from sales of online currency and items, has been working to grow its advertising business. The report could hinder Roblox's ad businessDespite Roblox's nearly immediate stock recovery and support from Wall Street, the report and related issues could have implications for Roblox's advertising business. Its ad business is barely a rounding error today, but Roblox is still not profitable, so it's trying hard to change that.
Persons: Hindenburg, —, Roblox, It's, Hindenberg, Piper Sandler, Ron Kerbs, Roblox's, Roblox isn't, Jeremy Goldman Organizations: SEC, Wall, Service, Hindenburg, Securities, Exchange, Wall Street, Wedbush Securities, WPP, New, Bloomberg Businessweek, Walmart, Warner Bros . Pictures, Facebook, YouTube Locations: Roblox
☆ Roblox sinks after short-seller slams online gaming platform for 'lying to investors' about key metrics
  + stars: | 2024-10-08 | by ( Filip De Mott | Jordan Hart | ) www.businessinsider.com   time to read: +3 min
Short-seller Hindenburg Research accused Roblox of "lying to investors" and inflating user data. Hindenburg also alleged the gaming platform was unsafe for minors. AdvertisementRoblox stock dropped on Tuesday after short-seller Hindenburg Research accused the gaming platform of inflating user metrics and deceiving investors. Shares in the gaming platform company fell as much as 9.4% in early intraday trading on Tuesday. "The financial claims made by Hindenburg Research are simply misleading.
Persons: Roblox, Hindenburg, —, Hindenberg Organizations: Hindenburg, Service, Wall, Hindenburg Research
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