#Roblox

11 March.New York, NY, USA
Roblox is represented by the abbreviation 'RBLX' in the stock exchange (Photo Credit: Representative Image/Unsplash)

  • The company's share prices ended at a surge of 54% on Wednesday
  • The value of the share, at closing, stood at $69.50 
  • The valuation of the company boomed and ended at $40 billion

10 March
(Photo Credit: Representational Image/Pixabay)

  • Roblox will make its Wall Street debut on Wednesday
  • The gaming company will be listed under the symbol RBLX on the New York Stock Exchange
  • Investors need a brokerage account with access to the US stock exchange for any transaction

10 March.New York, NY, USA
David Baszucki's video Gaming platform Roblox’s share are about to make its Wall Street debut on Wednesday. (Photo credit: Twitter/@DavidBaszucki)

  • David Baszucki is the founder and CEO of Roblox Corporation
  • Roblox is a video Gaming platform
  • David graduated from Stanford University as a General Motors Scholar in Electrical Engineering

10 March.New York, NY, USA
Roblox allows users to create their own video games and gives them a share of related revenue. (Photo Credit: Representative Image/Unsplash)

  • Roblox shares will be listed under the symbol RBLX on the New York Stock Exchange
  • Roblox will not be able to issue new shares on the exchange and therefore will not raise capital
  • Roblox was valued at $29.5 billion at a fundraising round in late January