UNITY ALERT: Bragar Eagel & Squire, P.C. is Investigating Unity Software, Inc. on Behalf of Unity Stockholders and Encourages Investors to Contact the Firm
NEW YORK–(BUSINESS THREAD) – Bragar Eagel & Squire, PC, a nationally recognized shareholder law firm, is investigating possible claims against Unity Software, Inc. (“Unity” or “Company”) (NYSE: U) on behalf of Unity Shareholders. Our investigation concerns whether Unity has violated federal securities laws and / or participated in other illegal business practices.
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Unity is a video game software development company.
On May 10, 2022, after the market closed, Unity announced its financial results for the first quarter of 2022. The company also reduced its fiscal target for 2022 “due to challenges with monetization products.” Specifically, “a failure in [Unity’s] platform. . . resulted in reduced accuracy for [its] The Audience Pinpointer tool, an expensive revenue problem given this [the] The Pinpointer tool experienced significant growth after the IDFA changes. ”
With this news, Unit’s share price fell by $ 17.83 per share, or about 37%, from $ 48.13 per share to close at $ 30.30 per share on $ 11. May 2022.
If you have purchased or otherwise acquired Unit shares and suffered a loss, you are a long-term shareholder, have information, want to learn more about these claims, or have any questions about this ad or your rights or interests. In these matters, please contact Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, by phone at (212) 355-4648 or by filling out this contact form. There is no cost or obligation to you.