A research firm shorts Roblox because the game company is allegedly misleading investors, lying about user numbers, and facilitating illicit behavior with minors. Roblox denies the accusations.
Roblox has been targeted by short-selling firm Hindenburg Research over allegations that the gaming company inflates the number of real humans on its platform and has not gone far enough to protect ...
UPDATE 9/10/24: Roblox has responded at length to yesterday's report by Hindenberg Research that alleges the platform has not been transparent with shareholders over its user activity metrics, and ...
Investment research and advocacy firm Hindenburg says it's shorting Roblox stock because the game platform is misleading investors by overstating player counts and presenting financial figures that ...