16-09-2020 16:01 via feedproxy.google.com

Unity raises IPO price range after JFrog, Snowflake target steep debut valuations

On the heels of two IPOs pricing above raised ranges, Unity boosted the value of its own impending debut this morning. The well-known unicorn is currently set to begin trading this Friday, pricing after the bell Thursday.
If that happens, the gaming platform company expects to be worth between $44 and $48 per share, up from its preceding $34 to $42 per-share IPO price range that it initially set.
Unityraising its price range for its IPO is not a surprise, given that software companies have been
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