Is Riot public or private?

Riot Games is the private company that brought League of Legends to 150m LOLers around the world.

Is Riot a private company?

Riot Games Private Limited is an Indian Non-Government Company. It's a private company and is classified as'company limited by shares'. Company's authorized capital stands at Rs 65.0 lakhs and has 15.384616% paid-up capital which is Rs 10.0 lakhs.

Will riot go public?

I'm going to say highly unlikely. Riot Games was bought by Tencent, which is a Chinese company, a while back. Therefore, any decisions related to the equity of Riot Games belongs to Tencent. Seeing as League continues to be a popular game, Tencent has a financial incentive to continue to own Riot Games.

What company owns riot?

In 2011, Riot Games was acquired by Chinese conglomerate Tencent. Riot Games' publishing arm, Riot Forge, oversees the production of League of Legends spin-offs by other developers.

What is the stock name for Riot Games?

Riot Platforms Inc RIOT:NASDAQ.

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Can you buy RIOT stock?

Locate shares of RIOT and hit buy.

Since RIOT is a commonly traded stock and listed on the NASDAQ, you can locate shares to purchase through essentially any brokerage.

Can you invest in RIOT game?

Since Riot Games isn't publicly traded, it's not possible for most retail investors to own Riot Games stock.

Is Riot owned by Vanguard?

Fintel reports that Vanguard Group has filed a 13G/A form with the SEC disclosing ownership of 15.22MM shares of Riot Blockchain Inc (RIOT). This represents 9.09% of the company.

How much is Riot worth?

Interactive chart of historical net worth (market cap) for Riot Platforms (RIOT) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Riot Platforms net worth as of April 04, 2023 is $1.67B.

Is Riot 100% owned by Tencent?

Riot Games made League of Legends but they are mostly owned by Tencent. While Tencent allows Riot Games to operate independently, Tencent owns most of Riot Games, so they own most of League of Legends.

Is Riot stock a cryptocurrency?

Riot is a Bitcoin mining company, supporting the Bitcoin blockchain through rapidly expanding large-scale mining in the United States.

Is Riot stock profitable?

Riot Platforms Inc's trailing 12-month revenue is $289.9 million with a -109.7% profit margin. Year-over-year quarterly sales growth most recently was -28.5%. Analysts expect adjusted earnings to reach $-2.795 per share for the current fiscal year. Riot Platforms Inc does not currently pay a dividend.

Is Riot a penny stock?

Riot Blockchain gave an update on its Bitcoin mining operations for December 2022. The company also announced a name change to Riot Platforms. The stock is still a highly promotional penny stock that should be avoided by all investors.

Does BlackRock own Riot?

Riot Blockchain is not owned by hedge funds. The Vanguard Group, Inc. is currently the company's largest shareholder with 8.7% of shares outstanding. With 5.7% and 2.3% of the shares outstanding respectively, BlackRock, Inc. and Jason Les are the second and third largest shareholders.

Why is Tencent buying everything?

Tencent is allegedly shifting its M&A strategy to "aggressively" focus on "buying majority stakes mainly in overseas gaming companies." As reported by Reuters, this change is in part due to Tencent's attempt to battle the slowing growth in its home country of China.

Is Riot in debt?

Debt to Equity History and Analysis

Debt Level: RIOT is debt free. Reducing Debt: RIOT has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.

Is Riot richer than Blizzard?

Activision Blizzard's brand is ranked #527 in the list of Global Top 1000 Brands, as rated by customers of Activision Blizzard. Their current market cap is $74.97B. Riot Games's brand is ranked #77 in the list of Global Top 100 Brands, as rated by customers of Riot Games. Their current valuation is $3.52B.

How does Riot make so much money?

Riot Games generates the bulk of company revenue through in-game purchases, with these microtransactions earning approximately $31 per second. What's more, the company earns advertising and sponsorship revenue from game tournaments broadcast on YouTube.

Who owns most riot stock?

Riot Platforms Stock Ownership FAQ

Data Ag Northern is the largest individual Riot Platforms shareholder, owning 6.95M shares representing 4.16% of the company. Data Ag Northern's Riot Platforms shares are currently valued at $46.50M.

Does BlackRock own Vanguard?

Unlike other investment management companies, we don't have shareholders or a private ownership group. Vanguard is the only investment management company owned by its investors*—you and more than 30 million Vanguard investors worldwide. That keeps us consistently focused on investor needs first.

Who is owner of Vanguard?

Vanguard isn't owned by shareholders. It's owned by the people who invest in our funds. Our owners have access to personalized financial advice, high-quality investments, retirement tools, and relevant market insights that help them build a future for those they love.

Why is RIOT stock falling?

The fall of cryptocurrency prices has a direct impact on the financial performance of Riot Blockchain as its mining operations generate less revenues. Hence, the stock has become a target of short-sellers, who are increasing their bets against RIOT since late August, as indicated by the RIOT short interest.

Will RIOT stock ever recover?

If you are looking for stocks with good return, Riot Platforms Inc can be a profitable investment option. Riot Platforms Inc quote is equal to 9.345 USD at 2023-04-05. Based on our forecasts, a long-term increase is expected, the "RIOT" stock price prognosis for 2028-03-29 is 13.984 USD.

Is RIOT a buy or hold?

Riot Platforms has received a consensus rating of Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.