Shares of Roblox jumped as much as 16% in a long-awaited public trading debut that left the online gaming company with a $44 billion valuation.

Roblox developers will earn a collective $250 million in revenue this year, more than double the amount earned in 2019.

Roblox, the platform for user-generated games, will go public through a direct listing of its shares on March 10.

Roblox (RBLX) closed at around $69.50 on its first day of trading on on Wednesday. Shares began trading at $64.50 each, well above their reference price of $45 set by the New York Stock Exchange ...

Furthermore, there's no telling exactly how expensive Roblox stock will be by the end of the first trading day. We don't even have a firm IPO date yet, nor a final asking price for the new stock.

Roblox had been preparing to go public since at least October 2020. However, the firm opted for a direct listing due to concerns that its stock would be under-priced in a traditional IPO.

Video games are having a moment during the pandemic, perhaps none more so than an oddball create-your-own game sandbox called Roblox.

Executives at gaming giant Roblox pushed the company's planned IPO back to 2021, as they reportedly sought a higher initial listing price.

Shares of Gen-Z favorite Roblox skyrocketed 52% within minutes of the online gaming platform's long-awaited public-market debut, propelling the firm's market capitalization to nearly 50% more than ...

When does the Roblox direct listing go live? Originally announced in February, Roblox will go public on Wednesday, March 10, 2021. The company will being trading under the RBLX ticker.