Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Henry Khederian

What's Going On With Roblox Shares Today?

Shares of several companies in the streaming, social media and gaming sectors, including Roblox Corp (NYSE:RBLX), are trading higher amid overall market strength after the Federal Reserve announced it would raise the key interest rate by 50 basis points.

The Federal Reserve raised its target fed funds rate by 0.5% on Wednesday to a new range of between 0.75% and 1.0%, its first rate hike of at least half a percentage point in more than 20 years. The Fed also said it will begin reducing the size of its balance sheet starting on June 1… Read More

See Also: Why Lyft Shares Are Slamming The Brakes Today

Roblox operates an online video game platform that lets young gamers create, develop and monetize games for other players.

According to data from Benzinga Pro, Roblox has a 52-week high of $141.60 and a 52-week low of $29.52.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.