RBLX Stock Recent News

Roblox Corporation RBLX shares are trading higher on Wednesday. Piper Sandler analyst Thomas Champion raised the price target to $54.00 from $48.00 while maintaining the Overweight rating.

NEWTOWN, Pa. , Oct. 8, 2024 /PRNewswire/ -- Edelson Lechtzin LLP, a leading class action law firm, is investigating potential securities fraud and breach of fiduciary duty claims on behalf of investors in Roblox Corporation (NASDAQ: RBLX) common stock.

LOS ANGELES--(BUSINESS WIRE)--RBLX Investors Have Opportunity to Join Roblox Corporation Securities Fraud Investigation with the Schall Law Firm.

In a new report, short seller Hindenburg Research claims gaming platform Roblox (RBLX) is inflating its user metrics and going so far as to allege an unsafe online environment for younger users. "The reason they think it's inflated is that they say that each user has the potential to open up many alternate accounts.

Short seller Hindenburg Research said it's betting against the gaming platform Roblox, saying in its report that it inflated key metrics and lacks sufficient steps to provide child safety. Bloomberg's Bailey Lipschultz joins Caroline Hyde and Ed Ludlow to discuss.

CNBC's Steve Kovach joins 'The Exchange' with details about Hindenburg's accusations against Roblox.

Hindenburg research has initiated a short position against the Roblox stock, citing fake user metrics to boost growth potential of the company.

Bryn Talkington, Managing Partner of Requisite Capital Management, joins CNBC's "Halftime Report" to react to the Hindenburg short report.

Roblox (RBLX) shares slumped Tuesday after short seller Hindenburg Research accused the online gaming platform of overstating its user numbers.

Roblox Corp. shares are down 3.3% Tuesday after short seller Hindenburg Research alleged that the online gaming company has inflated key metrics.