28 06, 2023

Unity Jumps 15% After Joining AI Craze With Marketplace Product: Does it Earn the Stock a Buy?

By |2023-12-07T20:46:46+00:00June 28th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , |

Gaming software developer Unity (U) saw its shares rise more than 15% yesterday in Tuesday’s trading session. And so far today on Wednesday, shares picked up where they left off - up another 3%. This all comes from an announcement that the company is claiming its stake in the AI landscape with a revolutionary [...]

Read More
3 05, 2023

Unity Lays Off 8% of Workers Amidst Restructuring Efforts, But is it Enough to Save This Stock?

By |2023-12-07T20:56:27+00:00May 3rd, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , |

This morning, Unity (U) released a statement announcing its plans to slash the workforce by about 8% - doing away with 600 jobs. This is part of a larger restructuring effort, as the video game software developer is working hard to achieve long-term, profitable growth. The company is rethinking the structure of specific teams [...]

Read More
Go to Top