Unity IPO update – How is it performing?

Unity IPO – How is it performing? The game development software went public on the NYSE almost a month ago, here is how the price is doing.

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Unity, the game development software went public on the New York Stock Exchange on September 18th, 2020. Since the initial public offering, their stock price has gone from $68.35 up 15 points to 83.80. However, while the price of the stock may be rising, many analysts and critics are calling the company overvalued. 

Due to the lack of information about the companies financials, including no earnings report, this means that there is no price to earnings ratio yet. The stock shot up to almost $100 a share, and it was dabbling around in the 90s before it got back down to the low 80s. It will probably stay there for a little while longer, or it could go down if earnings end up being low.

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This is the companies stock chart since they filed for their IPO.

Remember that Disclosed Gamer may discuss certain equities on our website and social media. However, we never officially recommend investing in any of the equities discussed. Therefore, all decisions made are at your discretion and we cannot be held liable for any loss on investment.

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