![]() Roblox has become a household name since its founding 17 years ago, and investors are excited. Video game developer Roblox goes public today with a direct listing on the NYSE today, under the ticker (NYSE: RBLX). But the head-turning results have raised concerns about a new stock market bubble and prompted questions about whether the valuations of the unprofitable start-ups were divorced from reality.Analytics, 10 March 2021 Roblox IPO: What Investors should know The next day, Airbnb, a home rental company, rose 113 percent on its first day of trading, from $68 to $144.71 per share.Ī slew of companies have rushed to go public before the end of the year. ![]() price of $102, but ended the day up 86 percent, closing at $189.51 per share. The company’s co-founder and chief executive, David Baszucki, announced the decision in a memo to employees on Friday, saying that waiting provided “an opportunity to improve our specific process for employees, shareholders and future investors both big and small.”ĭoorDash, the country’s largest food-delivery company, started trading Wednesday with an I.P.O. ![]() Roblox, a gaming company that had been preparing to go public this month, has decided to delay its initial public offering until next year, in a sign that the enthusiastic market for I.P.O.s by DoorDash and Airbnb this past week has made it difficult to price shares accurately.
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