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Roblox went public 3 years ago—here's how much a $1,000 ... - MSNThe immersive online gaming platform made its stock market debut in 2021. Here's how much a $1,000 investment would be worth now.
Roblox went public last week and is worth $45 billion -- why is Roblox so interesting to people with money, and what does that tell us about games as a whole?
Today we're going to take a look at the well-established Roblox Corporation (NYSE:RBLX). The company's stock saw a double-digit share price rise of over 10% in the past couple of months on the NYSE.
Its filing listed a 91% growth in revenue in the third quarter of 2020. Roblox's S-1 filing reveals that the company focuses much of its executives' compensation in option awards.
Roblox is paying top talent up to $430,000 in base salary. Check out the pay data that shows how much you can earn in engineering, design, and other roles.
Roblox’s 37.1% return over the past six months has outpaced the S&P 500 by 32.1%, and its stock price has climbed to $60.52 per share. This run-up might have investors contemplating their next move.
Roblox will own 51% of the joint venture. Roblox and Tencent are working on the necessary regulation to publish the game in the country with no timetable set.
Roblox went public last week and is worth $45 billion -- why is Roblox so interesting to people with money, and what does that tell us about games as a whole?
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