Roblox

[stonks_pro]

In a direct listing, no shares are sold in advance, as is the case with IPOs. The company’s share price in its market debut is determined by orders coming into the stock exchange. Advocates argue it is a better to way to price new stock than an IPO.

And company is not raising any money with direct listing. Usually no lockup period, insiders can sell shares any time.

Neenu full bullish unna on this company and eagerly waiting for it to go public but $30B valuation ante crazyyyyy. I may still jump on the IPO and come out with some quick gains. Later technicals, price points, support/resistance levels establish ayina taruvatha and after couple of earnings reports i may take a long term position.