Roblox, the kid-friendly gaming universe, made a great debut at Wall Street on Wednesday as the company’s share prices closed at $69.50 — a 43% rise from the initial trading price. But what exactly is Roblox and why did it hold an IPO? Let’s take a look. What’s Roblox? Roblox is an online game platform where you can create your own games and play games made by others — think of it as a Minecraft competitor.The title has been around for a long while; the first PC version was released in 2006. The company released versions for iOS, Android, and Xbox, in…
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