/biz/ - Business & Finance

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Anyone excited about RBLX? I got a few questions.
>An independent valuation report in December 2020 valued the stock at close to $41.52 per share
Is this still close to the price that it might sell at?
>The company reported $349.8 million in revenue for the nine months before September 30, 2019. For the same period in 2020, Roblox’s revenue rose to $588.6 million. Unfortunately, Roblox’s revenue isn’t the only thing on the rise. For the first three quarters of 2019, it reported a net loss of $46.3 million — a figure that more than quadrupled to $203.2 million in 2020. Like many tech-oriented startups, Roblox isn’t profitable. And while its revenue appears to be on an upward trajectory, it continues to report sizable losses.
What is going to happen, does this mean the stock will dump when it opens?
>Roblox has chosen to use a rare Direct Listing, where no new shares are created. This cheaper, faster option is becoming more common as IPOs lose favor.
I'm relatively new to stocks so i have no idea what this lingo means. Is it going to plummet or skyrocket?