Roblox shares surge 60% on first day of trading after lockdown gaming boom

Roblox shares surge 60% on first day of trading after lockdown gaming boom

3 years ago
Anonymous $hYN7Hy7o7J

https://www.theguardian.com/business/2021/mar/10/value-of-gaming-platform-roblox-estimated-at-47bn

Trading debut in New York prompts huge demand for game system with 200m monthly users

Shares in Roblox, the virtual gaming world that has proved to be a lockdown winner with hundreds of millions of mostly young players, have surged 60% valuing it at $47bn after an investor frenzy on its first day of trading on the New York stock exchange.