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Roblox spikes 16% in public trading debut after $44 billion direct listing

Shares of Roblox jumped as much as 16% in a long-awaited public trading debut that left the online …

Will Daniel   


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2 mins read

Popular video-game platform Roblox announces public offering that could value the company at $8 billion

Roblox announced in July it had more than 150 million monthly active users and expected to earn mor…

Ben Winck   


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Roblox videogame platform plans to go public via direct listing next month after twice delaying its IPO

Roblox recorded $924 million in revenue last year, and the online video game platform averaged 32.6…

Matthew Fox   


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Roblox has added nearly $26 billion to its market cap as metaverse mania pushes its value past brands like FedEx and Ferrari

CEO David Baszucki told Bloomberg Roblox could eventually be used to facilitate a frog dissection i…

Natasha Dailey   


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Warby Parker soars 36% in direct-listing debut, valuing the eyewear retailer at $6 billion

Warby Parker joins a slew of firms that opted for a direct-listing rather than a traditional IPO, i…

Matthew Fox   


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Metaverse stocks Nvidia and Roblox fall as Facebook parent Meta's Web3 business reports massive loss

Adobe, Block, and Unity, which have been dubbed metaverse plays as well, also fell on Meta's earnin…

Natasha Dailey   


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Roblox surges 18% after beating bookings estimates in its first earnings report as a public company

Stifel maintained its $85 price target, representing potential upside of 16% from Tuesday afternoon…

Matthew Fox   


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Roblox could soar 18% as it benefits from 2 'viral loops' that should drive monetization, Stifel says

"The model is unlike any we've encountered," Stifel said of Roblox, pointing to the social and cont…

Matthew Fox   


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Roblox shares surge another 12% a day after the online-gaming company's market debut

Roblox's direct listing on Wednesday saw its shares pop 54%, giving the company that owns just one …

Shalini Nagarajan   


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2 mins read

A lawsuit alleges Roblox scammed kids by selling in-game items, then deleting them without giving refunds

A Michigan girl and her father filed a lawsuit against Roblox after it deleted digital pajamas and …

Cheryl Teh   


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2 mins read

Cathie Wood's Ark adds 519,000 shares of newly public Roblox in latest tech bet

Roblox surged as much as 10% on Thursday as post-debut momentum and Ark's investment boosted bullis…

Ben Winck   


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Eye-popping stats about Roblox, the wildly popular game platform that spiked 15% in its public-trading debut

As of September, Roblox's gaming platform had more than 30 million daily active users flocking to i…

Kylie Robison   


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2 mins read

Roblox wants to bring older age groups to its online gaming platform

The online gaming platform improved content ratings to match older audiences with experiences that …

Fatma Khaled   


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2 mins read

Wall Street headhunter intel - Roblox's big debut - Inside Truist's digital transformation

Top finance stories, including Wall Street recruiting trends, Roblox's direct listing, Acorns buyin…

Meredith Mazzilli   


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3 mins read

Roblox's big day is finally here - Chamath backs new fintech - BlackRock outlines D&I plans

The top finance stories for March 10, including the latest news on the lead up to Roblox's direct l…

Dan DeFrancesco,Jordan Parker Erb   


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3 mins read

Wall Street bonus season handbook - What happens to Roblox's jilted bankers - Walmart launching a fintech

The top finance stories for January 12, including the latest news on Wall Street's announcement sch…

Dan DeFrancesco   


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3 mins read

See the full list of Morgan Stanley's MD promotions, plus a rundown of when Wall Street bonuses are being revealed

Morgan Stanley just promoted 171 people to managing director - we saw all the names. Plus: bank ear…

Meredith Mazzilli   


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3 mins read

The cofounder of Allbirds has some advice for startups looking to IPO: make money ahead of going public

Investors have raised the bar for money-losing companies seeking to list, and they now need to be p…

Melia Russell   


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7 mins read

I'm a 24-year-old man who tried 'softmaxxing,' a less intense version of 'looksmaxxing,' for a week. I can say with confidence it's a toxic scam.

Looksmaxxing has gone mega-viral on TikTok in the last couple of months. I delved into the shocking…

Kieran Press-Reynolds   


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2 mins read

US stock futures rise as investors wait for key inflation data, after tech stocks miss earnings targets

"Stubbornly high core inflation should support the Federal Reserve's position that its work is far …

George Glover