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Why Unity Software Plunged on Monday

TheMotleyFool

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Why Unity Software Plunged on Monday: https://g.foolcdn.com/editorial/images/748027/how-in-the-world-shocked.jpg

Shares of Unity Software (NYSE: U) were plunging on Monday, down around 6.1% as of 2:15 p.m. ET.

The software company, which makes the backbone engine used by about half of the world's console, PC, and mobile video games, has been embroiled in a controversy regarding new fees on developers it proposed last week.

Then on Sunday night, the company tweeted that it had "heard" its clients' complaints, and that it would be "making changes" to the planned policy. Details of those changes haven't been released.

Source Fool.com

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