Why Unity Software Stock Glitched on Tuesday

Shares of Unity Software (U -8.81%), a maker of 3D virtualization software for the gaming industry, slid 6% through 10:30 a.m. ET Tuesday after reporting mixed earnings last night.Analysts already weren't terribly optimistic heading into the company's fourth-quarter report Monday evening, expecting Unity to report sales of $562.7 million but a loss of $0.45 per share. As it tuned out, Unity exceeded expectations on sales, which came in at a strong $609.3 million. Losses, however, were much worse than feared ...