The stock market saw a record number of IPOs last year. And 2021 is looking just as strong. Here's what needs to happen for a company to go public.
One of the most popular gaming platforms is about to go public.
Roblox is expected to start trading shares in the growing video game company on Wednesday. It will trade on the New York Stock Exchange under the symbol "RBLX."
Earlier this month, Roblox Corporation said it expects to rake in between $320 million and $335 million during the first quarter of 2021, nearly double from the previous year.
If you're a parent, then it's likely the only time you ever hear about Roblox is when your kids play it – or discuss the endless activities they complete with friends.
And, look, a lot of parents (myself included) are really confused about Roblox, including actress Reese Witherspoon, who shares what it's like when her child talks about the site.
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