These developers can charge money to play the games, or they can offer free games where players can pay to unlock special features and new levels. So, developers of all ages can create a wide variety of games that other users play. This platform growth has allowed the company to monetize its game by allowing everyday users to become game developers and create their own games using the Roblox Developers Kit. Kids can play Roblox alone or with friends across the globe, and they have been increasingly doing so for the last decade. What we like about it is that the platform currently has over 150 million monthly active users and 13.5 million daily active users, an increase of 39% from the previous year. It’s similar to Minecraft, but the characters and worlds look a little more like 'The Lego Movie.' If not, it is an online video game platform where you can play and create games. So, why Roblox? Well, if you have any kids or teens in your household, you probably already know what Roblox is. This tells us the fast money loves this one.

Shares debuted at $64.50 - well above the reference price of $45 set by the NYSE - and quickly traded up to $72.93.

On March 10, RBLX began its life as a publicly traded company. That company is video game maker Roblox Corporation ( RBLX). Today, we’ve identified one of those very recent IPOs that we think is going to light up the fast-money scoreboard. The reason why is because fast money players often see the potential profit and trading opportunities in some of the market’s hottest initial public offerings (IPOs). When it comes to fast money, sometimes, there’s nothing as powerful as a new kid on the block, explains growth stock expert Mark Skousen in his speculative advisory service, Fast Money Alert.

How to get roblox ipo