Roblox (RBLX) Shares Volatile Amid Hindenburg's Short Position

3 days ago

In early trading, Roblox (RBLX, Financial) saw its stock price dip over 9.3%, reaching a low of $37.51, before narrowing its losses to around 5%. The volatility comes as Hindenburg Research, a well-known short-selling firm, announced its short position on the company. The firm accuses Roblox of misstating the number of users on its platform to both investors and regulators.

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