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Unity loses less than feared, trims outlook as Applovin makes $20 billion bid for software company

·2 min read
Unity loses less than feared, trims outlook as Applovin makes $20 billion bid for software company

On the same day it received an offer to acquire the company for roughly $20 billion, Unity Software Inc. reported a less-than-feared loss and pulled back on its guidance for the year, and shares slipped in the extended session.