Unity Software Is 1 Stock to Avoid in a Bear Market
Unity Software (NYSE: U) faced challenges in the first half of 2022, including high inflation, rising interest rates, and execution issues in a critical business segment. Consequently, revenue dropped significantly, and the stock declined by 80%.
Although Unity still has significant upside potential and has fixed the issues responsible for much of its share-price slump in 2022, it is currently trading at its lowest valuation since going public. So, is this an attractive buying opportunity, or is it game over for the software specialist?
Let's investigate.
Source Fool.com