Roblox shares started trading at $64.50 apiece, giving it a market value of roughly $36 billion, according to CNBC - up from the $29.5 billion price tag it snagged in a private fundraising round in January.ĭozens of rookie investors on Reddit and other social media sites were talking about the stock Wednesday, suggesting it could be embraced by the army of retail traders that’s boosted the share prices of GameStop and other companies. The Silicon Valley company behind a massive world of social video games went public Wednesday after a year of explosive growth. Roblox just became Wall Street’s hottest new tech stock - but your kid was probably a fan already. Super Mario star announces retirement: ‘You are all Numba One in my heart!’ Rapper allegedly pointed AK-47 at his wife, baby in a fight over him playing ‘Call of Duty’ Roblox ‘operates illegal gambling ring that preys on children’: lawsuit
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