Roblox raised its annual bookings forecast on Thursday and topped 100 million in daily active users thanks to the viral success of farm simulation title "Grow a Garden", sending shares of the videogame platform rising more than 16%.

Roblox Corp. shares hit a record high after the popular video-game company reported daily active users and bookings in the second quarter that beat analysts’ expectations. Roblox’s record-breaking game Grow a Garden spurred much of the growth,