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<div class="at-above-post addthis tool" data-url="https://www.metro.us/roblox-gains-steam-after/"></div>(Reuters) – Shares of Roblox Corp jumped on Thursday, building on the gaming platform’s almost 55% rise on its stock market debut a day earlier, as well-known stockpicker and exchange-traded fund operator Cathie Wood bought into the company. The California-based company’s stock was up 5.3% in late morning trades, after having risen more than 20% […]<! AddThis Advanced Settings above via filter on get the excerpt ><! AddThis Advanced Settings below via filter on get the excerpt ><! AddThis Advanced Settings generic via filter on get the excerpt ><! AddThis Share Buttons above via filter on get the excerpt ><! AddThis Share Buttons below via filter on get the excerpt ><div class="at-below-post addthis tool" data-url="https://www.metro.us/roblox-gains-steam-after/">
By Reuters Staff
3 Min Read
(Reuters) - Shares of Roblox Corp jumped on Thursday, building on the gaming platform’s almost 55% rise on its stock market debut a day earlier, as well-known stockpicker and exchange-traded fund operator Cathie Wood bought into the company.
The Roblox logo is displayed on a banner, to celebrate the company s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, U.S., March 10, 2021. REUTERS/Brendan McDermid
The California-based company’s stock was up 5.3% in late morning trades, after having risen more than 20% earlier in the day, also boosting the value of the shares held by founder David Baszucki - known to Roblox users as his avatar “builderman” - to more than $4.6 billion.
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