Shares of
Unity Software (NYSE:U), a leading platform to create and monetize interactive games, have more than doubled after the company went public at $68.88 per share. While optimism surrounding tech stocks has definitely helped, investors are also clearly excited about Unity's prospects.
I took a deep dive into the company to learn more about its business. Here’s what I found.
How Unity makes money
Unity Software offers a set of software solutions that allow creators, mainly game developers, "to create, run, and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices," according to the company's promotional materials.