Roblox (RBLX) Stock Drops Following Short-Seller Report

Shares of Roblox (RBLX, Financial) experienced a significant decline, dropping by 4.13%. This downturn comes in the wake of a report by Hindenburg Research which raises concerns about the company's reported metrics. The report suggests that Roblox may have inflated user numbers, potentially counting multiple accounts or bots among its daily active users (DAU). Roblox Corp (RBLX, Financial), listed on the NYSE and trading at $39.68, currently faces scrutiny amidst these allegations. The company's market capi ...