Why Roblox Stock Is Still Rocking This Morning

It's IPO day plus one for Roblox Corporation (NYSE: RBLX), the red-hot gaming hub that's entertained our kids all through the pandemic. Yesterday, as you've probably heard, Roblox debuted on the NYSE after noon, shooting straight from its $45 "reference price" to begin trading at $64.50, ultimately closing the day up 7.7% at $69.50.

This morning, the momentum continued, and Roblox is up another 5.3% as of 10 a.m. EST.

Image source: Roblox Corporation.

Continue reading

Source Fool.com