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.
The research firm, which has taken a short position in Roblox’s stock, released a report arguing the company does not do enough to keep children safe. On Tuesday, Roblox—the gaming platform popular ...
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 ...