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Hindenburg Research disclosed a short position in Roblox on Tuesday, alleging that the gaming platform popular among young children inflated metrics including user numbers and engagement.
Short-selling firm Hindenburg Research said in a report released Tuesday that the videogame platform Roblox RBLX-0.26%decrease; red down pointing triangle has reported inflated user metrics to ...
Short sellers accuse Roblox of inflating user stats and enabling child exploitation Hindenburg Research, known for publishing damaging research it profits from, has been criticized for its practices.
Roblox is accused of lying to investors about the number of daily users on the platform, with a report from Hindenburg Research claiming it’s much lower.
Roblox Inflated Data And Doesn’t Protect Underage Gamers, Short Seller Alleges—Stock Falls 4% By Derek Saul, Former Staff. Derek Saul has covered markets for the Forbes news team since 2021.
Roblox stock’s short interest rose by 2.6% during the past month, which means those new short sellers might create more buying pressure on the stock’s recovery.
Shares of Roblox fell Tuesday as short seller Hindenburg Research accused the online gaming platform of overstating its user numbers.
Gaming Industry Roblox Roblox clashes with an 'activist short-seller' who's going after its share price with accusations that it's running a 'pedophile hellscape' and lying about user numbers ...
The short seller noted that reported cases are just the “tip of the iceberg,” suggesting many child abuse cases related to Roblox go undetected by authorities and media.
A short report takes aim at gaming company Roblox. The Bear Cave previously issued a short report on the company in February 2022. Get access to the leaderboards pointing to tomorrow’s biggest ...