Roblox On Hindenburg Report, Says "Totally Reject The Claims Made In The Report; Financial Claims Made By Hindenburg Research Are Simply Misleading"
Portfolio Pulse from Benzinga Newsdesk
Roblox has responded to a report by Hindenburg Research, stating that it completely rejects the claims made in the report. Roblox describes the financial claims as misleading.
October 08, 2024 | 1:53 pm
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Roblox has publicly rejected the claims made by Hindenburg Research, labeling them as misleading. This could influence investor sentiment and impact the stock price in the short term.
The rejection of claims by Roblox could lead to uncertainty among investors, potentially causing short-term volatility in the stock price. The strong denial suggests that Roblox is confident in its financial standing, but the market may react to the controversy.
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