Roblox, the wildly popular video entertainment platform is going public today.
Roblox Corp. (RBLX) was valued at $29.5 billion back in January, and the NYSE has a reference price of $45/share.
The company, a staple for young gamers booked $923.9 million in revenue in 2020 compared to $508.4 million in 2019. They’ve build one of the top grossing apps in the Google and Apple stores and have an unbelievable user loyalty.
2020 and now 2021 have been very good for the gaming industry. There are now more online and mobile gamers than ever before, with continued growth expected.
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