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Hindenburg Research accuses Roblox Corp of inflating key metrics. Still, Roblox stock looks fairly positioned for continued ...

Hindenburg Research disclosed a short position in Roblox on Tuesday, alleging that the gaming platform popular among young ...

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A research company accused Roblox of inflating its active user counts and enabling predatory behavior. Though Hindenburg ...

It is the latest target of Hindenburg, whose reports have knocked shares of companies owned by billionaire-investor Carl Icahn and India’s Gautam Adani.

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The holding company also is aiming to establish itself as a gatekeeper to one of online gaming’s most popular platforms.

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Hindenburg Research accused Roblox of inflating user metrics, leading to a 9% drop in shares. The firm misrepresented engagement levels, the short seller said.

Hindenburg reported that Roblox has been exaggerating its user base, losing money, and putting growth ahead of child safety.