The short-seller Hindenburg Research accused Roblox of lying to investors and inflating user data. Shares in the company fell as much as 9.4% on Tuesday. Hindenburg also said the gaming platform was ...
Influential short seller Hindenburg Research revealed Tuesday it took a short position against kids-oriented video game platform Roblox, accusing the company of inflating key metrics of user ...
Hindenburg alleges Roblox misled investors, overstating daily active users by 25-42% and engagement hours by over 100%. The report accused Roblox of prioritizing growth metrics over child safety by ...
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