Tue. Dec 3rd, 2024

Hindenburg Research Takes Short Position on Roblox

Hindenburg Research, an investment firm known for its short-selling activities, disclosed a short position in Roblo Corp, the gaming platform operator. The firm cited concerns over Roblox’s business model, user safety, and data privacy in its report. The news sent Roblox shares down by more than 10% in after-hours trading.

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