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Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors, signalling that the spate of layoffs seen in 2023 could persist as they scramble to rein in costs.
The three major indexes ended Monday’s session in the red.
Unity shares sink more than 15% after missing first-quarter forecast.
Unity Software Inc. shares tumbled in extended trading Monday after the app-monetization company whiffed with its latest results and forecasts.
Unity Software Inc. (U) delivered earnings and revenue surprises of 21.05% and 13.57%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?