Previous close | 0.0200 |
Open | 0.0300 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 15.00 |
Expiry date | 2025-01-17 |
Day's range | 0.0200 - 0.0400 |
Contract range | N/A |
Volume | |
Open interest | 1.65k |
(Bloomberg) -- Roblox Corp. Chief Executive Officer and Co-Founder Dave Baszucki announced a new goal for 10% of the global video-game content revenue to flow through the company’s popular gaming platform. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisChicago Halts Hiring as Deficit Tops $1 Billion Through 2025World's Second Tallest Tower Spurs Debate About Who Needs ItUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusThe Plan for the World’s Most Amb
Roblox will roll out paid videogames on its platform and allow developers to sell physical merchandise through their created games, the company said on Friday. The video gaming company will add the ability to price certain games, or what it calls experiences, in real currency for desktops, it said at its developers conference. Roblox will support a higher revenue share for the creators of up to 70%, but it will vary with the price of the game.
According to the average brokerage recommendation (ABR), one should invest in Roblox (RBLX). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?