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Transcripts For CNBC TechCheck 20220809

Trade. Flying stock prices including the ceo of 23 and me on the heels of those results we are going to start with the deal of the day right up our tech check alley applovin announcing a proposal to merge with unity valuing unity at 29 billion or nearly 50 bucks a share i was on yesterday but i was watching you said applovin might be in the market for consolidation have a listen. The type of company i have my eye on, applovin up more than 10 today. 15 billion market cap roughly it is down about 57 year to date you might not tend to think of this as a fintech play but in a way it is because the app ecosystems and how smaller businesses and developers balance between advertising and discovery, appearing in app stores, those are Financial Issues and perhaps investors can think more broadly about the types of companies that are available out there. It is also worth noting iron source is looking to be taken out by unity with some help from what was it, slipping my mind, but private equity i

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