The latest trading session saw Unity Software Inc. (U) ending at $32.52, denoting a +1.47% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.82%. Elsewhere, the Dow gained 0.41%, while the tech-heavy Nasdaq added 0.95%.Prior to today's trading, shares of the company had lost 10.65% over the past month. This has lagged the Computer and Technology sector's gain of 10.9% and the S&P 500's gain of 5.59% in that time.The investment community will be closely moni ...

The most recent trading session ended with Unity Software Inc. (U) standing at $31.97, reflecting a -1.33% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 1.25%. At the same time, the Dow added 0.97%, and the tech-heavy Nasdaq gained 1.3%.Prior to today's trading, shares of the company had lost 12.27% over the past month. This has lagged the Computer and Technology sector's gain of 2.42% and the S&P 500's gain of 1.58% in that time.Investors wil ...

The latest trading session saw Unity Software Inc. (U) ending at $33.11, denoting a +0.7% adjustment from its last day's close. This move outpaced the S&P 500's daily loss of 0.07%. Elsewhere, the Dow saw an upswing of 0.16%, while the tech-heavy Nasdaq depreciated by 0.36%.The company's shares have seen a decrease of 22.96% over the last month, not keeping up with the Computer and Technology sector's gain of 5.93% and the S&P 500's gain of 3.05%.Market participants will be closely following the financial r ...

Every day for the next three weeks, we're going to highlight one of Schaeffer's top 12 picks for 2024. Next up, we have video game technology developer Unity Software Inc (NYSE:U). To access the entirety of the 2024 report, click here.Video game developer Unity Software (U) has seen its fundamentals stabilize thanks to a conservative 2024 guidance that sets up for potential upwardly revised raises in future earnings reports. The stock has crossed above its 80-week moving average, which capped gains back in ...

Video game development stock Unity Software (U) would have preferred the calendar hadn’t turned to January. The shares are down 19.5% year-to-date, a far cry from December’s monthly gain of 38.6%. The only silver lining to the false start is U’s struggles has, if past is precedent, the stock pulling back to a historically bullish trendline.According to data from Schaeffer's Senior Quantitative Analyst Rocky White, Unity stock has pulled back to its 50-day moving average after a lengthy stretch above it, def ...

Fool.com contributor Parkev Tatevosian discusses Unity's (U -0.66%) decision and what it could mean for investors. *Stock prices used were the afternoon prices of Jan. 12, 2024. The video was published on Jan. 14, 2024. ...

In the latest market close, Unity Software Inc. (U) reached $34.59, with a -0.66% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 0.08% for the day. Meanwhile, the Dow experienced a drop of 0.31%, and the technology-dominated Nasdaq saw an increase of 0.02%.The company's stock has dropped by 9.04% in the past month, falling short of the Computer and Technology sector's gain of 2.68% and the S&P 500's gain of 3.52%.Investors will be eagerly watching for ...

KEY TAKEAWAYSShares of videogame development platform maker Unity Software tumbled after saying it plans to lay off 25% of its workforce.The cuts are part of a corporate restructuring plan and mark the company's fourth round of layoffs since July 2022.Unity Software is also severing ties with Weta FX's professional services.Shares of videogame development platform provider Unity Software (U) tumbled 8% Tuesday after saying it plans to lay off about 1,800 employees or 25% of its workforce.The cuts are part o ...

Unity Software is laying off 25% of its staff as it tries to position itself for long-term profitability.    In total, 1,800 people across all teams will be impacted as the company "restructures and refocuses on its core business," according to a Tuesday filing with the Securities and Exchange Commission.The company told FOX Business that the move was part of the company's "reset," which was announced in a shareholder letter in early November.  JOB CUTS SURGED 15% IN MARCH, AND LARGE-SCALE LAYOFFS 'WILL LIK ...

The Unity engine powers many PC/console games and the vast majority of mobile games available on the market today. (Unity image)A fresh round of layoffs at gaming giant Unity Technologies has impacted its office in Bellevue, Wash., resulting in the dismissal of 50 employees in Washington state, according to a new filing.Unity said Monday that it plans to eliminate 25% of its workforce, or approximately 1,800 jobs worldwide. Reuters reports that the dismissals will affect “all teams, regions, and areas of th ...