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: Roblox stock finishes up nearly 8% on investor day

Roblox Corp. shares surged to finish Tuesday up nearly 8% as the social gaming platform launched its investor day eight months after going public.

Roblox RBLX shares steadily rose in morning trading and topped of with a 12% gain for an intraday high of $120.83, before closing up 7.5% at $116.18. Shares are more than 150% above their $45 reference price set back in March when the stock went public through a direct listing.

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