Spekulatius Posted March 10, 2021 Share Posted March 10, 2021 What kind of pop should we expect here? I believe the average pop from the reference price for a direct listing is ~30%. So I call a $60 open. I have concerns about the normalized growth rates going forward, but the general feel of this seems to be overwhelmingly positive. So I think the stock will do well, at least short term. Link to comment Share on other sites More sharing options...
fareastwarriors Posted March 10, 2021 Share Posted March 10, 2021 What kind of pop should we expect here? I believe the average pop from the reference price for a direct listing is ~30%. So I call a $60 open. I have concerns about the normalized growth rates going forward, but the general feel of this seems to be overwhelmingly positive. So I think the stock will do well, at least short term. Roblox, the kids gaming app that surged in popularity during the pandemic, started trading Wednesday at $64.50 on the New York Stock Exchange, giving the company a market cap of $33.5 billion. https://www.cnbc.com/2021/03/10/roblox-rblx-starts-trading-at-64point50-after-direct-listing.html Picked up 15 shares at 65 for fun. Should've gotten more ;D Link to comment Share on other sites More sharing options...
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