The NYSE opening bell was rung this morning by none other than Roblox CEO David Baszucki. Baszucki was given the honors to celebrate Roblox going live on the NYSE through direct listing. Investors can begin trading Roblox (RBLX) today.
Baszucki stood behind the NYSE opening bell this morning, ringing it to kickstart Wednesday's trading. Behind him was the familiar Roblox logo, along with "RBLX Listed NYSE" on either side of the company logo. As such, the company is officially listed on the NYSE.
The video below shows Bazsucki clapping along to cheers of the company's first official day on the NYSE.
— Roblox Corp (@InsideRoblox) March 10, 2021
Baszucki also took to Twitter to reflect on how far the company, platform, and community has come since founding Roblox in 2004.
In 2004, we founded @Roblox with the vision of connecting the world. Today, as we celebrate our direct listing on the @NYSE, we recognize the potential ahead of us: to build the platform where billions of people come together to learn, work, and play. #RobloxIPO
— David Baszucki (@DavidBaszucki) March 10, 2021
What Time will Roblox Start Trading?
Update March 10, 12:46 CT: Roblox shares have begun trading at 12:30pm CT. We've updated this section to reflect those changes.
Roblox started trading at 12:30pm CT, originally valued at $64.75 per share. Investors may begin purchasing shares.
Here's some helpful tips to know about Roblox entering the stock market:
- Roblox is set at a $45 reference price per share.
- The reference price does not reflect the opening public price.
- The opening public will be determined based on demand for the shares, as collected by the NYSE from broker-dealers.
- An opening price will be determined once the shares go live for trading.
- The Roblox company will not be raising any capital.
Related: How to buy Roblox (RBLX) Stock
Missed out on the Roblox Investor Day livestream. Check it out below, where the company detailed the key pillars of the platform's future, from the in-game Roblox economy to the company's continued creator support.
Be sure to check in with Pro Game Guides for even more Roblox stock coverage.