Shares of Roblox jumped as much as 16% in a long-awaited public trading debut that left the online gaming company with a $44 billion valuation.

Roblox Corporation (NYSE: RBLX) shares are trading lower Friday as the stock faced competing pressures from analyst support, unusual options activity and ongoing legal challenges.

Philipp Batura did not originally plan to build a fashion company when he joined Roblox (RBLX) in 2020 during the pandemic, but his three-person startup Topcat has grown into one of the platform's ...

The offering could raise Roblox's valuation as high as $8 billion, Reuters reported earlier this month. That would double the $4 billion valuation it received in a February funding round.

Executives at gaming giant Roblox pushed the company's planned IPO back to 2021, as they reportedly sought a higher initial listing price.

Furthermore, there's no telling exactly how expensive Roblox stock will be by the end of the first trading day. We don't even have a firm IPO date yet, nor a final asking price for the new stock.

The gaming platform is citing trademark counterfeiting and infringement Roblox suing to shut down third-party trading on PlayerAuctions ...