Roblox dismisses claims made by Hindenburg report: “…don’t support their agenda”

Roblox, the popular online gaming platform, has dismissed the allegations presented in a recent report by Hindenburg Research, a firm known for its activist short-selling. In a statement, Roblox rejected the claims outright, accusing Hindenburg of misrepresenting key aspects of its business and having a vested interest in driving the company’s stock price down. The gaming platform specifically addressed the report’s financial claims, labelling them “misleading” and emphasising its strong revenue growth and positive cash flow.