Roblox is introducing a new Creator Rewards program that’s designed to further encourage creators to bring players onto the ...

Roblox shares surged as much as 35% on Tuesday, valuing the company at a record $60 billion. The online-gaming platform's revenue doubled year-on-year to $509 million last quarter.

Roblox's exposure to the metaverse gives it "young tech giant" vibes, Bank of America said in a Monday note. The bank reinstated coverage of Roblox with a "Buy" rating and set its price target at $84.

FILE PHOTO: The Roblox logo is displayed on a banner, to celebrate the company's IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, U.S., March 10, 2021.