Why is Unity Software Such a Lump In Investors’ Throats?
01 Juli 2022 - 09:23PM
TipRanks
Based out of San Francisco, CA, Unity Software Inc. (NYSE: U) is a
video game software development company, which focuses on
developing interactive, real-time 3D content. The company was
founded in 2004 by David Helgason, Nicholas Francis and Joachim
Ante. IPO Details Unity completed its initial public offering (IPO)
on September 17, 2020, raising between $1.09 billion and $1.25
billion. Shares of the company got listed on the New York Stock
Exchange on September 18, 2020. The stock debuted on the exchange
at a price of $75, closing at $68.35. Since then, its shares have
declined 46.1%. Presently, the company commands a market cap of
$10.90 billion.
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Unity Software (NYSE:U)
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