Massive News for Unity Stock Investors

By Parkev Tatevosian, CFA – Jan 16, 2024 at 5:15AM

NYSE: U

Unity Software

Market Cap

$9B

Today's Change

(3.47%) $0.81

Current Price

$24.13

Price as of April 26, 2024, 4:00 p.m. ET

Unity is laying off a significant number of employees to start 2024.

Fool.com contributor Parkev Tatevosian discusses Unity's (U 3.47%) decision and what it could mean for investors.

*Stock prices used were the afternoon prices of Jan. 12, 2024. The video was published on Jan. 14, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Unity Software. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.