Unity Software ( (U) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Unity Software’s stock movement is influenced by insider selling, including by the Chief Accounting Officer, which has led to negative insider sentiment. This has resulted in a Hold rating from HSBC and Mizuho Securities, with adjustments to price targets reflecting recent share price gains and fair valuation. Despite these downgrades, there remains optimism for the company’s future due to strategic wins and potential changes in app store policies.
More about Unity Software
YTD Price Performance: 75.19%
Average Trading Volume: 13,490,338
Technical Sentiment Signal: Buy
Current Market Cap: $18.14B
For further insights into U stock on TipRanks’ Stock Analysis page.
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