Unity stock plunges 38% in after hours, returns to pre-IPO valuation

Posted by astlouis44 on Tuesday May 10, 2022 @04:58PM
from the marketwatch.com dept.

https://www.marketwatch.com/story/unity-softwares-stock-plunges-38-on-weak-revenue-guidance-2022-05-10

( 4 comments | 12 points | on HN )

Re:Unity stock plunges 38% in after hours, returns to pre-IP... by Vladimof on Tuesday May 10, 2022 @05:01PM (#31332661)

What isn't plunging lately?

[ Parent | on HN ]

Re:Unity stock plunges 38% in after hours, returns to pre-IP... by astlouis44 on Tuesday May 10, 2022 @05:03PM (#31332701)

True.

[ Parent | on HN ]

Re:Unity stock plunges 38% in after hours, returns to pre-IP... by astlouis44 on Tuesday May 10, 2022 @05:03PM (#31332697)

Anybody here think they'll be a buyout target from a tech giant wanting to jump into the metaverse space? My bet is on Meta or Amazon scooping them up.

[ Parent | on HN ]

Re:Unity stock plunges 38% in after hours, returns to pre-IP... by alwaysal44 on Tuesday May 10, 2022 @05:10PM (#31332771)

I'm sure Microsoft would be eyeing them up, if not for their pending Activision-Blizzard purchase. Have to digest dinner before you get dessert, after all..

[ Parent | on HN ]