"The first stock of the Metaverse" Roblox was shorted by a well-known short-selling institution, accusing it of exaggerating key data, leading to a sharp drop in stock price
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Short-selling institution Hindenburg Research accuses online gaming platform Roblox of inflating key metrics and lacking measures to ensure children's safety. After the release of the short report, Roblox's stock price fell more than 9% in Tuesday's trading session, marking the largest decline in two months
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