Roblox teased many forthcoming features during the Investor Day stream in preparation for the company going public on the stock market. As the date inches closer, many investors anticipate the stock price at launch.
What is the Roblox Stock Price at Launch?
Update March 9: The official Roblox (RBLX) stock price has been confirmed. As such, we've updated this page with the new information.
It's official: the starting price of Roblox (RBLX) stock will be $45 per share once Roblox goes live through direct listing on the stock market. Shares are set to begin trading on March 10.
The beginning $45 a share is set as the reference price, meaning it likely won't remain $45 per share once investors begin trading. Investors will be able to sell shares based on demand as soon as trading opens on Wednesday. Shares will be traded at no additional capital increase for the Roblox company, as reported by Bloomberg.
Related:Â How to buy Roblox (RBLX) Stock
The Roblox company announced many forthcoming features to the platform, including layered clothing for Roblox Avatars. The Investor Stream also teased Roblox plans to improve content ratings to attract adult users to the platform. Improved search and discovery features would encourage game developers to create more mature games, which would attract a growing adult player base.
Missed Roblox Investor Day? Check out the full Investor Day stream below, which details the company's ambitious vision for the platform's future.
Be sure to check in with Pro Game Guides for even more Roblox stock coverage.
Published: Mar 9, 2021 04:51 pm