Unity Software Shares Decline 40% YTD: Buy, Hold or Sell?
Unity Software(U) ZACKS·2024-12-04 17:31
Unity Software (U) shares have declined 40% year to date (YTD), underperforming the broader Zacks Computer and Technology sector’s appreciation of 29.8%.It has also underperformed the Zacks Internet - Software industry and its peers, such as Fortinet (FTNT) , monday.com (MNDY) and Audioeye (AEYE) .In the same time frame, shares of AEYE, FTNT, and MNDY have returned 377.7%, 63.7%, and 49.4%, respectively. The industry has appreciated 35.1% YTD. The company’s underperformance can be attributed to declining Gr ...