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Roblox Entering the Stock Market March 10

TheMotleyFool

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Roblox Entering the Stock Market March 10

Online game-platform operator Roblox has picked a new date for entering the public market. The company will now resell 199 million shares of stock on March 10.

Roblox originally planned to enter the market in December 2020. The filing was pushed to January 2021 when the initial public offerings (IPO) of home rental company Airbnb (NASDAQ: ABNB) and food delivery specialist DoorDash (NYSE: DASH) made a big splash. The debut was then postponed again as the Securities and Exchange Commission launched a review of the company's accounting practices.

Image source: Roblox.

Source Fool.com

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