Could Unity Software Become the Next Apple?
Unity Software (NYSE: U) stock has shot up impressively since Meta Platforms' (NASDAQ: FB) announcement in October 2021 that it would be betting big on the metaverse, a three-dimensional virtual world where people would be able to learn, play, socialize, and collaborate in real-time.
Shares of Unity jumped 35% in the space of just three weeks following Meta's announcement on Oct. 28, 2021, before a sell-off in tech stocks threw its hot rally out of gear. However, savvy investors should focus on the bigger picture. Unity could win big from the metaverse, since it provides a platform for creating and operating interactive, real-time 3D content.
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Source Fool.com
