Hindenburg Research takes short position in Roblox, alleges gaming platform 'inflated' metrics
Hindenburg Research has taken a short position in online gaming platform Roblox Corporation, accusing the company of lying to investors and regulators about the number of 'people' on its platform, sending the shares sharply lower in pre-market trade on October 8.
Hindenburg Research disclosed a short position in Roblox on Tuesday, alleging that the gaming platform popular among young ...
Roblox is accused by Hindenburg Research of inflating its user numbers by including alt accounts and bots. Hindenburg's ...
Hindenburg Research accuses Roblox Corp of inflating key metrics. Still, Roblox stock looks fairly positioned for continued ...
Roblox responds to the Hindenburg Reseach report by saying it "refutes" the claims made in it and calls them "misleading," ...
The other primary claim in the report is that the game is “a pedophile hellscape for kids”. It goes on to state that the ...
The research firm alleges that the videogame company has exaggerated user data and compromises child safety.
Hindenburg's Roblox short is causing the stock price to crash, with the company under fire for allegedly showing false user ...
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