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Shares of Roblox jumped as much as 16% in a long-awaited public trading debut that left the online gaming company with a $44 billion valuation.
Roblox Corporation (NYSE: RBLX) shares are trading higher Monday after Wedbush reiterated its Outperform rating and a $165 ...
The offering could raise Roblox's valuation as high as $8 billion, Reuters reported earlier this month. That would double the $4 billion valuation it received in a February funding round.
According to Roblox's S-1 filing with the SEC, just released, the company averages 31.1 million daily average users (DAUs), generating $589 million in revenue in the first nine months of 2020.
Furthermore, there's no telling exactly how expensive Roblox stock will be by the end of the first trading day. We don't even have a firm IPO date yet, nor a final asking price for the new stock.
Philipp Batura did not originally plan to build a fashion company when he joined Roblox (RBLX) in 2020 during the pandemic, but his three-person startup Topcat has grown into one of the platform's ...
Executives at gaming giant Roblox pushed the company's planned IPO back to 2021, as they reportedly sought a higher initial listing price.