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Unity Software to buy Peter Jackson's special-effects studio for $1.6 billion, stock drops - MarketWatch

Unity Software Inc. shares fell in the extended session Tuesday after the gaming-engine company’s announcement of a huge acquisition overshadowed quarterly results that topped Wall Street estimates.

Unity U shares dropped 6% after hours, following a 5.2% rise in the regular session to close at $171.63. Unity’s stock has more than tripled in price since the company priced its IPO at $52 a share in September 2020.

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