Why Unity Software Is a Great Video Game Stock

Video game companies are navigating a tougher environment this year. The return of entertainment options that were closed earlier in the pandemic has crimped their sales growth, and that's being reflected in the companies' share performances. For example, stock prices for Activision Blizzard (NASDAQ: ATVI) and Take-Two Interactive (NASDAQ: TTWO) are only up by 4.3% and 3.8%, respectively, over the last year -- well behind the Nasdaq Composite index's return of 39% over the same period.

Meanwhile, Unity Software is rising above the tide. Shares of this leading game engine provider are up by 87% since its IPO in 2020's third quarter.

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Source Fool.com