Roblox is now more expensive than the entire Activision Blizzard

Activision Blizzard has lost its title as the most expensive US gaming company โ€” now it has gone to Roblox. Roblox shares jumped more than 40% on Tuesday, and its market cap exceeded $62 billion. By comparison, Activision Blizzards market capitalisation is about $52bn.

Thus, the corporation that created the most popular sandbox was able to become richer than the authors of World of Warcraft, Diablo, Overwatch and other industry giants. Note that Roblox doesnt do game development, but operates a virtual platform for third-party game creation.

Recently, the sandbox servers were unavailable for three days โ€” the reason was an internal software bug. Recall that Activision Blizzard shares fell after news of the Diablo IV and Overwatch 2.

In addition, investors could have been affected by the companys ongoing harassment and discrimination. But Activision Blizzard is trying to fix itself in in the eyes of its employees and the public โ€” it was previously known that she had gone to meet contract employees in improving working conditions.

More on Gamemania Graphics GTA: The Trilogy โ€” The Definitive Edition is clearly compared to the originals The Insanity Vaasa supplement for Farc Cry 6 will be released on November 16 Contract Activision Blizzard employees achieved better pay and not only.