Almost 2 Years Ago
1 Min Read

Shares of IS are trading 53% higher today. Here's why:



ironSource Ltd - Class A (IS) is trading 53% higher at $3.42 today. Shares of the stock soared after news that the company was merging with Unity, a maker of popular game creation software. The merge brings a suite of ad, and other monetization tools to the Unity software platform which will further empower creators. 

ironSource Ltd - Class A has been trading between a 52-week high of $13.14 and a 52-week low of $2.2. The stock has a market cap of $350 Million.

ironSource is a leading business platform for the App Economy. App developers use ironSource’s platform to turn their apps into successful, scalable businesses, leveraging a comprehensive set of software solutions which help them grow and engage users, monetize content, and analyze and optimize business performance to drive more overall growth. The ironSource platform also empowers telecom operators to create a richer device experience, incorporating relevant app and service recommendations to engage users throughout the lifecycle of the device.

Headlines


Unity Software’s ironSource Acquisition Will ''Drive Customer Success,'' Says Stifel By Investing.com
Investing.com 07-13-22

Business - Unity merges with IronSource
Business Mag 07-13-22

Unity Agrees to Buy ironSource in $4.4 Billion Videogame Deal
The Wall Street Journal 07-13-22

Unity merges with IronSource
VentureBeat 07-13-22