PUBLIC COMPANIES
Roblox Files for IPO And Market Value Soars To $45 Billion
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Shares of Roblox listed on Wall Street and surged nearly 55% to $69.50, valuing the company at more than $45 billion. Roblox posted revenue of nearly $925 million last year, up 82% from 2019. The company also said earlier this month that it now expects sales to rise about another 60% this year to a […]
Unity Software Enters Oversold Territory (U)
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In trading on Monday, shares of Unity Software Inc (Symbol: U) entered into oversold territory, hitting an RSI reading of 29.98, after changing hands as low as $125 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 64.2. A bullish investor could look at U’s 29.98 RSI reading today […]