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“Roblox is lying to investors, regulators, and advertisers about the number of ‘people’ on its platform, inflating the key metric by 25-42%+,” Hindenburg said. What do you think?
But Hindenburg’s main insight is that Roblox has been lying about their profitability and growth to investors and the public.
A short seller report claims Roblox intentionally includes bots and alt accounts in its user numbers and fails to adequately protect children.
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 ...