On Tuesday, Roblox—the gaming platform popular with Gen Z and Gen Alpha—saw its stock take a dive. Roblox stock fell 9.4% in early trading, even as it’s already dropped by 15% this year. As of midday ...
The short-seller Hindenburg Research accused Roblox of lying to investors and inflating user data. Shares in the company fell as much as 9.4% on Tuesday. Hindenburg also said the gaming platform was ...
New York (CNN) — For the last half-decade or so, the last thing any CEO wanted to wake up to was their company’s name in print alongside the name Hindenburg Research. If the short-seller had you in ...
Yesterday, Hindenburg issued a long short report on Block and the stock dropped 15%. I have read the full report and categorize the accusations in two categories: nothingburgers and more substantial ...
Short seller Hindenburg Research on Thursday accused Carvana of running an “accounting grift for the ages” in a bombshell report — sending shares of the used-car retailer tumbling. Hindenburg — whose ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. For the last half-decade or so, the last thing any CEO wanted to wake up to was ...
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