Unity stock jumps as much as 17% on Apple Vision Pro partnership

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Unity stock jumps as much as 17% on Apple Vision Pro partnership

The New York Stock Exchange welcomes the official start of trading for Unity Software Inc. (NYSE: U ) on Friday, September 18, 2020.

New York Stock Exchange

Unite Shares soared 17% at one point after trading was suspended apple On Monday it said it was working with the game development software maker as part of the launch of its Apple Vision Pro headset.

Apple is working hard to build an ecosystem of third-party apps that people will be able to use on the $3,499 device. Adobe, Cisco and Microsoft are among those launching the Vision Pro app, the iPhone maker said.

Unity, which helps developers integrate ads into their apps, is one of the companies hurt by Apple’s iOS privacy changes, but it’s also “one of the few partners out there” as Apple gets bigger in digital advertising. ’” one, CEO John Riccitiello on a November earnings call.

This is breaking news. Please check for updates.

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