Roblox just went public on the New York Stock Exchange (NYSE). Although $RBLX is now live and trading, some investors are finding that they can’t buy Roblox stock. So, what’s the deal? Here’s the need-to-know on issues with the Roblox IPO on platforms like Trading 212.
Roblox Stock | Why can’t I purchase $RBLX?
Roblox stock is now available to buy on the NYSE. The $RBLX reference price is $45, which reportedly sets the Roblox Corporation market value at approximately $30 billion. Of course, those figures have traders eager to invest using platforms like Trading 212 and Robinhood. Unfortunately, however, many are missing out on this opportunity due to the persistent “please try again” error message.
Can’t buy $RBLX fix
- Restart the application.
- Uninstall the application, then re-download it.
- Try using an alternative trading platform.
- Wait for a resolution.
Roblox stock just became available to purchase, with Roblox Corp. even opening today’s trading at the NYSE. As a result, $RBLX is an incredibly hot commodity right now; purchases are likely failing to process due to the high demand. After waiting for a while, the situation should normalize and apps like Trading 212 should process requests normally.
Roblox is an incredibly popular game with consistent growth, especially in recent months. The ongoing pandemic has no doubt played a hand in its increased popularity, thanks to its young average user base. Roblox is most popular with children under 14, who have been home from school with more free time on their hands to devote to entertainment products.
The accessibility of Roblox — a free-to-play game with basic visuals, which allow it to function on budget devices — has also played a part in its success. Users can enjoy the game on their existing mobile device or laptop, rather than, for example, needing to secure a rarified PS5 or Xbox Series X|S.
For more on Roblox, check out why the in-game Hockey Mask recently received an update.