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🎮 Online sandbox game platform ROBLOX went public yesterday to significant fanfare from investors. The company’s reference price was set at $45. However, shares of the company started changing hands up 65%. After Cathie Wood’s ARK Invest bought shares in the company, they surged into the mid-$70s. $RBLX is up 62% since their IPO yesterday. 

💰 Thanks to fresh stimulus, the markets have rebounded from the “inflation scare” among investors from last week. Shares of tech companies like Square and Tesla have been some of the biggest benefactors of the recovery. Since Monday, $SQ has jumped around 20%. In the same period of time, $TSLA has jumped 24.6%. 

🚀 Last week, we highlighted Dave Portnoy’s new favorite ETF: the VanEck Vectors Social Sentiment ETF. $BUZZ is a new fund which tracks an index that scrapes news sites, social media, and other platforms and then invests in what stocks are popular with investors. The top holdings of $BUZZ right now include $DKNG, $F, $FB and $TWTR to name a few. The ETF is up 7% in the past week, but given the index’s historical success, we are keeping our eyes peeled on this one.

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Noah Weidner

Noah Weidner is a restless self-starter with a vehement interest in all things that make the world go around: culture, politics, economics and all the people in between. He writes the Bullish Rippers series and covers other interesting trends and happenings at Bullish.

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Roblox is a global platform where millions of people gather together every day to imagine, create, and share experiences with each other in immersive, user-generated 3D worlds.The types of gameplay on Roblox are just as limitless as the imagination of the creators. All the online games on the platform have been built by members of the Roblox community for members of the Roblox community.Players can build the ultimate theme park, compete as a professional race car driver, star in a fashion show, become a superhero, or simply design a dream home and hang out with friends.An average of 36.2 million people from around the world come to Roblox every day to connect with friends. Together they play, learn, communicate, explore, and expand their friendships, all in 3D digital worlds that are entirely user-generated.Roblox refers to this category of gaming as “human co-experience,” which they consider to be the new form of social interaction they envisioned back in 2004.Their mission is to build a human co-experience platform that enables shared experiences among billions of users. (From: StockAnalysis.com)

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