Loading...
Market
How will Roblox respond to Hindenburg allegations by end of 2024?
3
Resolution / Starting Odds
Legal action against Hindenburg • 25%
Increased transparency • 25%
No significant action • 25%
Other • 25%
Official communications from Roblox Corporation and media reports
Story
Hindenburg Takes Short Position in Roblox, Shares Down 9.2% Amid Allegations of Inflated Metrics and Child Safety Issues
Oct 8, 2024, 01:53 PM
Hindenburg Research has issued a critical report on Roblox Corporation, alleging that the company has inflated key user metrics and allowed a dangerous environment for children on its platform. The report claims that Roblox has been misleading investors, regulators, and advertisers by overstating its daily active users and engagement hours by 25-42% through rampant bot activity. Additionally, Hindenburg describes the platform as a 'pedophile hellscape,' citing concerns about inadequate content moderation. Following the report, Roblox shares fell by 9.2% in premarket trading. Hindenburg has taken a short position in Roblox shares. Roblox has responded by rejecting the claims, stating that the financial allegations made by Hindenburg are 'simply misleading.' The company conveyed this response via an emailed statement to CNBC.
View original story
Similar markets
Lawsuit against Hindenburg • 25%
Settlement with Hindenburg • 25%
Public apology • 25%
No further action • 25%
Denies allegations • 25%
Admits some allegations • 25%
Settles with Hindenburg • 25%
Takes legal action against Hindenburg • 25%
Deny allegations • 25%
Acknowledge and promise changes • 25%
Legal action against Hindenburg • 25%
No official response • 25%
Roblox vindicated • 25%
Hindenburg's claims validated • 25%
Settlement reached • 25%
Ongoing dispute • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
