Citron shorted the 'metaverse top stock', accusing it of exaggerating key financial indicators.
①The report stated that Roblox deceived investors, regulators, and advertisers on its platform in terms of "users", exaggerating this key indicator by 25-42% or more; ②Roblox completely denies the accusations in the Hindenburg report, stating that these financial allegations are misleading and were released for a specific purpose.
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U.S. stock market closing: nvidia carries the banner of the new high charge, with Chinese concept stocks falling slightly less than Hong Kong stocks.
①Nvidia holds up the banner of the US stock market, with the S&P 500 index only 10 points away from its historical high; ②Nasdaq China Golden Dragon Index fell by 6.85%, with Chinese concept stocks showing a slightly smaller decline than Hong Kong stocks; ③Microsoft and OpenAI show off receiving Nvidia's B200 chip server; ④Research companies predict: Apple may launch a smart ring.
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On October 8th ET, $Roblox(RBLX.US)$ had active options trading, with a total trading volume of 211.82K options for the day, of which put options accounted for 74.31% of the total transactions, and
Game platform roblox (RBLX.US) stock price decline narrows to 2%, attributed to a misleading report by a short-selling institution.
Short-selling institution Hindenburg Research revealed on Tuesday that it holds a short position on Roblox (RBLX.US), alleging that the popular children's game platform Roblox has exaggerated indicators including the number of users. However, Roblox responded by stating that it does not agree with Hindenburg's report, claiming the report is purely misleading, and firmly believes Roblox is a safe and reliable platform, with the financial indicators in the report also being reliable. Roblox's stock price initially dropped by about 10%, but the decline later narrowed, with the latest decrease being over 2%.
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Metaverse's leading stock Roblox was shorted by a well-known short-selling institution, accusing key data of being exaggerated, leading to a sharp drop in stock price.
Short-selling institutions accused Roblox, the online game platform, of inflating key indicators and lacking measures to ensure children's safety. After the short-selling report was released, Roblox's stock price once fell more than 9% in midday trading on Tuesday, marking the largest drop in two months.
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