[woobar]

RBLX just did a direct listing. They set a reference price at $45. Later in the day (they did not start trading until midday) the reference price was adjusted to $60. I had two limit orders. One from day before at $50, another placed at noon at $62. None of them executed, since it opened at $64+.

[thrwn_frthr_awy]

Thank you. When did they set the reference? The day of or before?

[woobar]

I saw it a day before, but on the day of listing they have updated it again