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  • shares of US gaming company Roadblocks Sword in its trading debut on the New York Stock Exchange Wednesday, valuing the company at more than forty five billion dollars.

  • The California based company is among the world's most popular gaming sites for kids and offers a host of games across mobile devices and gaming consoles.

  • The company's stock ended trading at about sixty nine dollars, up from the reference price of forty five dollars per share set this week.

  • Roadblocks opted to go the direct listing route rather than a traditional initial public offering.

  • This means the company did not sell any shares in advance of its market debut, as is the case with I P.

  • O.

  • S.

  • The gaming company has benefited from demand for video games surging in the US last year as consumers amid lockdowns sought to have fun at home.

  • But is it only for kids?

  • Well, the company says it's also making inroads with older users and that it's passing the phase where more people over the age of thirteen will be on the platform.

shares of US gaming company Roadblocks Sword in its trading debut on the New York Stock Exchange Wednesday, valuing the company at more than forty five billion dollars.

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    林宜悉 posted on 2021/03/11
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