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Unity Software shares traded sharply lower in premarket trading Tuesday after the games development company issued current-quarter guidance significantly below Wall Street estimates. Monitor this key chart level.
Unity Software (NYSE:U – Get Free Report) had its price target decreased by research analysts at Barclays from $30.00 to $28.00 in a research note issued to investors on Tuesday, Benzinga reports. The firm currently has an “equal weight” rating on the stock. Barclays‘s price objective would suggest a potential downside of 7.80% from the […]
Shares of Unity Software Inc (NYSE: U) tanked in early trading on Tuesday, after the company reported a higher-than-expected loss for the fourth quarter.
Unity Software (U), a gaming platform provider did not post a promising fourth quarter like it did in Q3. U stock fell by around 19% last night after reporting $609 million. Unfortunately, most of the revenue is due to a one-time single transaction. Read ...
Unity has hit the reset button, but analysts are split on whether the app-monetization software company now has a brighter future ahead.