The stock fell as much as 9.4% in intraday trading Tuesday in New York, hitting the lowest level since early August. The online gaming company’s stock has shed more than 15% so far this year.
Hindenburg said in its report that Roblox has inflated key metrics and alleged that it doesn’t have
“We totally reject the claims made in the report,” a Roblox spokesperson said in a statement. “The authors are, admittedly ...