1/18/2024 0 Comments How to invest in roblox ipoSo, let’s go treasure hunting and see if Roblox is a gem that stock traders are overlooking right now. That’s fine because, as the old saying goes, one person’s trash is someone else’s treasure. However, investors definitely weren’t in the mood to buy Roblox stock on August 9. Therefore, if you’re bullish on the Metaverse, holding RBLX stock is one way to get exposure to that niche market sector. While I expect it to be volatile in the short term, I am bullish on RBLX stock since the company’s top and bottom-line results weren’t all that bad.īased in California, Roblox develops and commercializes video games, often with metaverse functionality. Here’s the link to the Roblox S-1 if you’re interested in reading it.Is Roblox ( NASDAQ:RBLX) stock a no-go after its single-day crash? I’d actually say it’s more attractive now, especially after taking a close look at Roblox’s financial facts. If you’re interested in investing in this upcoming IPO, then please download the IPO Wait App to join the wait list. However, with it’s recent filing to go public, Roblox is looking to raise money at an $8 billion valuation. The company’s last round of financing placed a private market value on the company of $4 billion. Roblox has raised a total of $335.7 million from 8 rounds of private funding. ![]() They enable anyone to imagine, create, and have fun with friends as they explore millions of immersive 3D experiences.Īll experiences are built by a global community of developers. ![]() Roblox’s mission is to bring the world together through play. We’ve just added the newest upcoming tech IPO to the IPO Wait List …
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