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Why Unity Software Tanked 39% This Week

·3 min read
Why Unity Software Tanked 39% This Week
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Unity Software (NYSE: U) is down 38.8% this week, according to S&P Global Market Intelligence. The game engine, monetization, and digital twins platform posted solid growth for the quarter, but investors were not happy with a revenue mishap and poor guidance for the rest of the year. On May 10, Unity Software released its first-quarter earnings results.