Why Unity (U) Stock Is Trading Up Today [Yahoo! Finance]
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Source: Yahoo! Finance
Shares of game engine maker Unity (NYSE:U) jumped 15.4% in the morning session after a significant block of 1.32 million shares valued at $29.7 million was traded. Additionally, Keith Gill (aka Roaring Kitty of GameStop/Reddit fame) posted a short video clip of late musician Rick James on social media platform X (formerly called Twitter), who famously recorded a song titled "Unity," sparkling unverified rumors he could be linked to the trade. However, there is no other evidence that Roaring Kitty is tied to the block trade. Is now the time to buy Unity? Access our full analysis report here, it's free What The Market Is Telling Us Unity's shares are extremely volatile and have had 36 moves greater than 5% over the last year. But moves this big are rare even for Unity and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 3 days ago when the stock dropped 5.6% as the major indices tumbled (Nasdaq down 1.9%
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- How AI Is Mitigating Threats In Capital Markets [Forbes]Forbes
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
- Why Unity Stock Is Soaring Today [Yahoo! Finance]Yahoo! Finance
- Unity Software Surges 14% After Roaring Kitty's Cryptic Post Ignites Meme-Stock Mania [Yahoo! Finance]Yahoo! Finance
- Unity Software Stock Up On Roaring Kitty. New CEO May Boost Shares [Forbes]Forbes
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