Why ironSource Stock Popped Today

·2 min read

Shares of app-monetization platform ironSource (NYSE: IS) popped on Monday after Unity Software (NYSE: U) officially rejected a proposal to merge with AppLovin, in favor of merging with ironSource. As of 10 a.m. ET today, ironSource stock was up 13%. This morning, Unity's management released a statement saying it officially intends to merge with ironSource.