Unity Software has strong opening, gaining 31% after pricing above its raised range

[erek]

"Whoever said you can’t make money playing video games clearly hasn’t taken a look at Unity Software’s stock price.

On its first official day of trading, the company rose more than 31%, opening at $75 per share before closing the day at $68.35. Unity’s share price gains came after last night’s pricing of the company’s stock at $52 per share, well above the range of $44 to $48 which was itself an upward revision of the company’s initial target.

Games like “Pokémon GO” and “Iron Man VR” rely on the company’s software, as do untold numbers of other mobile gaming applications that use the company’s toolkit for support. The company’s customers range from small gaming publishers to large gaming giants like Electronic Arts, Niantic, Ubisoft and Tencent."

https://techcrunch.com/2020/09/18/u...ning-31-after-pricing-above-its-raised-range/

 

[Zarathustra[H]]

Filthy bottom feeders.

 

[GoldenTiger]

Filthy bottom feeders.

What do you mean? It's like unreal engine, a tool.

 

[Zarathustra[H]]

What do you mean? It's like unreal engine, a tool.

They just rub me the wrong way, focused on enabling mobile/facebook type games, and providing and engine that makes monetization easy for the developers both in data and microtransactions, has resulted in so many "games" that are little more than data collection tools.

I see Unity as enablers of all the worst trends in games.

 

[Youn]

can't that be said of any flexible game engine? how do you propose unity limit the amount of shitty games that come from it's use?