Roblox Dev Makes A Big Step By Going Public

Roblox Corp., the developer of one of the most popular games on the planet, Roblox, has filed paperwork to go public with an initial public offering (IPO).

The company will be trading on the New York Stock Exchange under the name RBLX. The filing of the IPO was rumored for a while now, and it comes this week amid a rally in stocks from US-based companies after the Presidential election.

In its filing, Roblox Corp. disclosed some new financial statistics, including revenue in the third quarter of $242.2 million, which is up 91 percent, according to CNBC.

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