Unity Software stock tumbles again as weak outlook keeps sellers in control
Unity Software shares fell nearly 10% to $19.28 Thursday, deepening a two-day rout after a weak first-quarter revenue forecast and analyst warnings over AI threats to its business. The stock has dropped about 35% this week. Unity reported Q4 revenue of $503 million and said it will launch a new AI beta in March. Analysts slashed price targets but kept positive ratings.