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Unity Software's stock indicated to open 25+% above IPO price

MarketWatch logo MarketWatch 9/18/2020 Tomi Kilgore
MARKET PULSE

Unity Software Inc.'s stock (u) is currently indicated to open on the NYSE at $65 to $67, according to data provided by FactSet. That would be 25.0% to 28.8% above the videogame software company's $52 initial public offering price. The stock's opening indication has climbed steadily, from an initial indication of $59 to $61. The company is going public Friday at a time the Renaissance IPO ETF (ipo) is slipping 0.3% while the S&P 500 (spx) is easing 0.2%.

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