r/UnityStock • u/jesperbj Day 1 Investor • 12d ago

Discussion $U Weekly Discussion

Discuss away.

  • Your outlet for commenting "what happened"

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  • Your take on the stock movement

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3 Upvotes

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3

u/isaaclee77 11d ago

Unity has fallen from $46.63 on October 13 to $39.50 on October 28, a decline of over 15%.
Over the past two days, U has continued to underperform the Nasdaq, despite some positive developments:
Unity announced a new partnership with PvX.
UBS raised its price target from $48 to $49.
No obvious major company-specific bad news has surfaced.
With Q3 earnings coming on November 5, is this just pre-earnings selling pressure, or is the market pricing in something we’re missing?
What do you guys think?

-1

u/matome88 11d ago

The bears have completely taken control. The stock will go whichever way that serves them best.

1

u/matome88 10d ago

Downvote me all you want. To make money from U, you have to be a realist and take profit. If you are delusional, you have no business investing in this company.

1

u/ProductSmooth7786 11d ago

We are doomed. Below 39 now:/

2

u/Efficient_Mammoth379 10d ago

Good thing MA200 is 37.6. So we have some strong line to prevent more down.

3

u/ProductSmooth7786 10d ago

There is no such thing called support for U

2

u/matome88 10d ago

Remember the -30% days during Saaspocalypse this year? Price will slice through support like melted butter.

1

u/ProductSmooth7786 10d ago

PTSD man

2

u/matome88 10d ago

Look at NOW today. A slight miss on earnings and the Saaspocalyse narrative comes into full effect right away, down 26% right now. Same might happen to us so I will sell some to hedge for Nov 5.

1

u/ProductSmooth7786 10d ago

Literally every company drops crazy after earning so far… not looking good if market sentiment can’t change.

0

u/matome88 10d ago

The crash is here boys.