HomeTechElectronicsUnity Software (U) Drops On ironSource (IS) Acquisition News
Unity Software (U) Drops On ironSource (IS) Acquisition News

Unity Software (U) is today’s Under 30-stock. In this segment Jenny Horne and Alex Coffey discuss the software animation company. Jenny looks at shares of Unity (U) which plunged more than 15% Wednesday after Unity (U) announced it would acquire ironSource (IS) for $4.4B in stock. George Tsillis joins the conversation and outlines details of the acquisition and possible reasons behind Unity (U) cutting its full year outlook. Shares of Unity Software (U) were trading ~ $33/share on Wednesday, that’s down ~18% on the session.

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