News - Roblox Dev Makes A Big Step By Going Public

Roblox Dev Makes A Big Step By Going Public

<p>Roblox Corp., the developer of one of the most popular games on the planet, <a href="https://www.gamespot.com/games/roblox/">Roblox</a>, has <a href="https://www.sec.gov/Archives/edgar/data/1315098/000119312520298230/d87104ds1.htm">filed paperwork</a> to go public with an initial public offering (IPO).</p><p>The company will be trading on the New York Stock Exchange under the name RBLX. The filing of the IPO was rumored for a while now, and it comes this week amid a rally in stocks from US-based companies after the Presidential election.</p><p>In its filing, Roblox Corp. disclosed some new financial statistics, including revenue in the third quarter of $242.2 million, which is up 91 percent, <a href="https://www.cnbc.com/2020/11/19/roblox-s-1-ipo-filing-released.html">according to CNBC</a>.</p><a href="https://www.gamespot.com/articles/roblox-dev-makes-a-big-step-by-going-public/1100-6484686/?ftag=CAD-01-10abi2f/">Continue Reading at GameSpot</a>

https://www.gamespot.com/articles/roblox...01-10abi2f