Unity stock holds near $21 in pre-market after forecast shock — what Wall Street watches next
Unity shares traded near $21.41 premarket Thursday after plunging 26.3% in the prior session. The company forecast first-quarter revenue of $480 million to $490 million, below the $492.1 million analyst estimate. Fourth-quarter revenue rose to $503 million, with a net loss of $89 million. Investors remain focused on demand for Unity’s Create tools and the outlook for its Grow ad segment.