UNITY ALERT: Bragar Eagel & Squire, P.C. is Investigating Unity Software, Inc. on Behalf of Unity Stockholders and Encourages Investors to Contact the Firm
Unity Software Inc. (U)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Unity Software, Inc. (“Unity” or the “Company”) (NYSE: U) on behalf of Unity stockholders. Our investigation concerns whether Unity has violated the federal securities laws and/or engaged in other unlawful business practices.Click here to participate in the action.Unity is a video game software development company.On May 10, 2022, after the market closed, Unity announced its first quarter 2022 financial results. The Company also reduced its fiscal 2022 guidance “due to challenges with monetization products.” Specifically, “a fault in [Unity’s] platform . . . resulted in reduced accuracy for [its] Audience Pinpointer tool, a revenue expensive issue given that [the] Pinpointer tool experienced significant growth post the IDFA changes.”On this news, the price of Unity stock declined by $17.83 per share, or approximately 37%, from $48.1
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U
News
- Unity Software: After Another Smackdown On Earnings, Time To Speculate [Seeking Alpha]Seeking Alpha
- Unity Software Inc. (NYSE: U) had its price target lowered by analysts at Barclays PLC from $28.00 to $27.00. They now have an "equal weight" rating on the stock.MarketBeat
- Unity Software Inc. (NYSE: U) had its "sell" rating re-affirmed by analysts at Benchmark Co.. They now have a $16.00 price target on the stock.MarketBeat
- Unity Software Inc. (NYSE: U) had its "market perform" rating re-affirmed by analysts at JMP Securities.MarketBeat
- Unity Software Inc. (NYSE: U) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $33.50 price target on the stock.MarketBeat
U
Earnings
- 5/9/24 - Miss
U
Sec Filings
- 5/9/24 - Form 10-Q
- 5/9/24 - Form 8-K
- 5/8/24 - Form 4
- U's page on the SEC website