Roblox ‘totally’ rejects short report claims in statement to Bloomberg

A Roblox spokesperson told Bloomberg in a statement following the Hindenburg Research short report: “We totally reject the claims made in the report. The authors are, admittedly short sellers (and have an agenda irrespective of the substance of Roblox’ business model and results)…We firmly believe that Roblox is a safe and secure platform and in the financial metrics we report.” Shares of Roblox are down 5% to $39.20 in morning trading.