On Friday, Unity Software's initial public offering led to a more than $13 billion valuation for the company that specializes in software tools for videogame designers. The company had a $6 billion private-market valuation back in July 2019.
Shares of Unity opened at $75 in Friday morning trading, +44% higher than its initial-public-offering price of $52 a share, which itself was above a raised expected range of $44 to $48 a share. Shares pulled back a bit later, but still ended the first trading session up +31.4% at $68.35.