US Stock Market Move | Planned issuance of $500 million convertible preferred notes for Unity Software (U.US) falls over 5%

23:44 24/02/2025

On Monday, Unity Software (U.US) fell more than 5%, following two consecutive trading days of a 30% increase, and is now trading at $26.86 per share.

On Monday, Unity Software (U.US) fell more than 5%, after rising 30% in the previous two trading days, now trading at $26.86. In terms of news, the company announced today that they will issue $500 million in convertible senior notes, with plans to use the funds for debt repurchase and strategic investments.

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