Gaming company Roblox surges 54% in debut on NYSE

Gaming company Roblox surges 54% in debut on NYSE

By Joshua Franklin and Niket Nishant

(Reuters) – Shares of U.S. gaming company Roblox Corp closed up 54.4% in its New York Stock Exchange trading debut on Wednesday, valuing the company at $45.2 billion.

San Mateo, California-based Roblox is among the world’s most popular gaming sites for children and offers a host of games across mobile devices and gaming consoles.

The company’s stock opened at $64.5 and ended trading at $69.47, up from the reference price of $45 per share set on Tuesday and…


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