Unity Software's CEO Is Out, but 1 Software Peer Could Be a Better Buy
Shares of Unity Software (NYSE: U), a maker of software for video-game and other 3D content creation, are falling again. There was some short-term hype earlier this year when announced Unity would be a software partner for the upcoming Vision Pro "spatial computing" (i.e., augmented and virtual reality) headset. But that was short-lived as numerous issues at Unity continue to weigh on shareholder sentiment.
The latest problem: CEO John Riccitiello has decided to retire following controversial pricing changes for the company's developers, which Unity has since decided against fully implementing. The stock is down about 60% from its initial public offering (IPO) just over three years ago.
Unity stock doesn't appear to be all that great as a buy-the-dip candidate right now, given its financial position and with a CEO search now underway. However, a former suitor to Unity could be: AppLovin (NASDAQ: APP). Here's why.
Source Fool.com
Apple Inc. Aktie
Leichte Community-Bevorzugung: Apple Inc. mit mehr Buy- als Sell-Einschätzungen.
Für Apple Inc. ergibt sich mit einem Kursziel von 223 € ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 203.3 €.
