The New York Stock Exchange on Tuesday set a reference price of $45 for shares of U.S. gaming platform Roblox Corp on the eve of its public market debut, implying a market value for the company of ...

The New York Stock Exchange on Tuesday set a reference price of $45 for shares of U.S. gaming platform Roblox Corp on the eve of its public market debut, implying a market value for the company of ...

The New York Stock Exchange on Tuesday set a reference price of $45 for shares of U.S. gaming platform Roblox Corp (RBLX.N) on the eve of its public market debut, implying a market value for the ...

Roblox RBLX shares, which reached an intraday high of $74.83, closed 54.4% above their reference price, finishing the day at $69.50 for a market cap of $37.17 billion.

Setting a reference price is a requirement for trading to begin. Unlike the share price in a standard IPO, it isn’t a direct indicator of the company’s market capitalization. At $45 a share ...