Unity's stock falls as Wall Street wonders if company's reset is ‘dubious' or a ‘floor'

Unity Software Inc. has hit the reset button, but analysts are split on whether the app-monetization software company now has a brighter future ahead. The company’s latest results were “were much worse than expected,” noted Jefferies analyst Brent Thill, who pointed to a 2% drop in quarterly pro forma revenue relative to a year earlier. Meanwhile, Unity’s U, -9.81% fiscal first-quarter outlook implies flat growth. “We worry that the loss of the ironSource team and lack of a new product in the Grow segment c ...