As GameStop attempts to rally following big changes potentially coming to the company, it could prove to be a challenge for Roblox. As attention is split between two high-interest stocks, it could directly impact both of them from hitting the strides they need to really succeed. Roblox reportedly previously delayed its stock after DoorDash and AirBnB went live in 2020 out of fear of getting overshadowed and while GameStop is more volatile, it's still distracting potential investors who are throwing lots of cash aro
The Roblox News|Https://Robloxrealm.Com/ stock sale has been highly-anticipated as of late and it's one of the most valued companies in gaming. Roblox is valued at a whopping $47 billion and it's just a company that only has one game. For comparison, EA is valued at $37 billion and Microsoft bought Bethesda for $7.5 billion . Roblox makes these giant developers/publishers look like they're worth pennies by comparison. The stock had a lot of hype surrounding it given how popular and well-monetized Roblox actually is. The game is similar to Minecraft and allows players to play a variety of custom games, as well as create their own content. Players are even allowed to sell their content, creating a marketplace for Roblox content. This has made it an incredibly lucrative investment for m
The Roblox stock was initially listed at an estimated $45 and jumped to $65 within seconds of going live to the public. At its peak, the company's stock hit an impressive $74.55, but trickled back down to a $69.50 closing price with a 54% gain (via Barrons ). The Roblox stock had plenty of competition thanks to GameStop's incredibly chaotic stock battle . GameStop almost hit $350 today but got hit hard, flying down to $180 at its lowest, but quickly came back up to a closing price of $265. The GameStop stock closed above its previous close of $246.90, but its gains weren't nearly as impressive given the strong decl
After hours, notable investors like Cathie Wood bought in, which raised the price to $70.30 in the after-hours market. Whether or not the stock will rocket up throughout the week or stay steady remains to be seen. There continues to be a lot of hype around it and with investors like Wood investing, it bodes well for the Roblox stock. There's also the chance that there are Roblox employees holding stock that will sell off once it hits a higher price, if they haven't alre
In a recent blog post, the Roblox Corporation expressed amazement at the amount of users they were now experiencing, and showed gratitude toward the many creators that choose to use their platform. To help celebrate their achievement, the company has released what they're calling a Goldenrow Shoulder Accessory, which creators can download for free to use in their own projects, and resembles two stacks of gold bars fixed around a character's shoulders. This limited-time offer expires on August 16, so Roblox fans that want to show their 100 million user pride only have a few days left to snatch theirs
Now, Roblox developer Roblox Corporation says it's offering players free in-game cosmetic items for members of the newly dubbed Prime Gaming service. Players can pick up one free cosmetic item each month, now through March of next year. The inaugural in-game item for this month is the Banandolier accessory, which is of course an incredibly useful bandolier for holding multiple bananas at once. Prime Gaming is included with Amazon Prime, which costs $12.99 per mo
This is a pretty exciting event for Roblox 's surprisingly extensive fanbase. Cline's clearly excited too, as he has gone on record stating that "Roblox is the closest thing to the Oasis in real life, and this contest is the closest thing to the treasure hunt in my book." This seems a bit generous; in Cline's books the Oasis is a massive VR wonderland where players can go anywhere and do anything that their hearts desire. It's wish fulfillment on the highest level, and it might be the case that such a fantasy is impossible to truly replicate in the real world. Roblox offers players a lot of freedom, but it's got a long way to go before it's on the level of the fictional Oa
CNN reports that the IRS quietly deleted the language, with IRS Chief Counsel Michael Desmond telling reporters that the addition of the virtual gaming currencies alongside Bitcoin was a mistake. Perhaps the IRS realized that there is no official way to convert most currencies like V-Bucks back into cash. Though V-Bucks are sometimes used to launder money on the Dark Web, most people use them to purchase new cosmetic it
Beginning this month, Roblox is offering players one free exclusive in-game item per month through Amazon Prime Gaming . Amazon rebranded its previous Twitch Prime to Prime Gaming this month, but it will continue to offer the same types of free in-game bonuses for subscribers as before. Amazon says it will offer even more incentives to subscribers than bef
Now Roblox is featuring a brand new tie-in event to coincide with Ernest Cline's new book, Ready Player Two . The Roblox website anticipates that this will be the biggest book tour event in publishing history, a bold claim inspired by a similar event the website hosted to celebrate the release of the Ready Player One film adaptation in 2018. That event drew in a whopping 13 million, and Roblox anticipates that this event will be even bigger. It will take the form of an online treasure hunt, similar to the ones undertaken by the main characters in the books themselves. The event kicks off on December 1st with a live Q&A between Ernest Cline himself and Roblox CEO Dave Baszucki. Keen Roblox fans will want to tune into this event, as it will feature hints that will help them navigate the treasure hunt. Apparently more hints can be found inside Ready Player Two itself, so players are encouraged to read the book in preparation when it launches on November 24th. Players who complete this quest successfully will earn free digital goods themed after the ev