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Company News

Sequoia-backed Unity Software's shares jump 44% in NYSE debut

Sept 18 (Reuters) - Shares of Sequoia-backed startup Unity Software Inc jumped 44.2% in their debut on the New York Stock Exchange on Friday, after the company raised $1.3 billion in its initial public offering.

The company’s stock opened at $75 per share, compared with the IPO price of $52 per share.

Reporting by C Nivedita in Bengaluru; Additional reporting by Niket Nishant; Editing by Shounak Dasgupta

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