Technology
Unity market valuation now $18 billion, exceeds Epic Games – TweakTown
Unity Technologies’ IPO is doing extremely well and rises 32% in after-hours trading, Unity’s market cap now rivals Epic’s.
Unity’s IPO is a smash success that closed at +32% on its first day of availability, boosting the company’s market capitalization to roughly $17 billion.
Unity Technologies’ new initial public offering launched yesterday for $52, roughly $10 over its initial price point. Shares closed at $68.35 on Friday, representing a healthy +32% spike. Unity’s market capitalization now sits at $18 billion, which exceeds rival Epic Games, who sits at $17.3 billion after recent funding rounds.
Although Unity…
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