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The Roblox logo is displayed on a banner, to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, U.S., March 10, 2021. REUTERS/Brendan McDermid
(Reuters) – Shares of Roblox Corp jumped on Thursday, building on the gaming platform’s almost 55% rise on its stock market debut a day earlier as well-known exchange-traded fund operator Cathie Wood bought into the company.
The California-based company’s stock was up 12% in premarket trade, after rising more than 20% earlier in the day.
Wood’s ARK Next Generation Internet exchange-traded fund (ETF) said it had