Unity Software: Brace For Impact

Summary:

  • Unity stock skyrockets in a stunning recovery from November lows as risk-seeking investors drive up the value of previously battered and unprofitable stocks.
  • Its upcoming earnings release ramps up the pressure on Unity to deliver a knockout performance and offer reassuring guidance following its recent integration with ironSource.
  • Missed the boat on buying Unity at its November and January lows? Investors face a crucial question: is it worth jumping into the buying frenzy now?

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We Are

Bottom-fishers of Unity Software Inc. (NYSE:U) stock at its recent November and January lows are duly rewarded for anticipating the shift in bearish momentum, which sent U surging.

Accordingly, U stock recovered more than 70% from its January lows through

U price chart (weekly)

U price chart (weekly) (TradingView)


Disclosure: I/we have a beneficial long position in the shares of META, BLK either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.


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