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Roblox Shares Fall Pre-Bell After Hindenburg Research Report
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Roblox Shares Fall Pre-Bell After Hindenburg Research Report
Oct 10, 2024 11:47 PM

09:25 AM EDT, 10/08/2024 (MT Newswires) -- Roblox ( RBLX ) shares dropped more than 9% in premarket activity Tuesday following a report by short-seller Hindenburg Research.

Hindenburg said in its report that Roblox ( RBLX ) allegedly inflated key metrics, such as engagement hours and the number of "people" on its platform.

Roblox ( RBLX ) didn't immediately respond to a request for comment from MT Newswires.

Price: 37.53, Change: -3.86, Percent Change: -9.33

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