Why Unity Software Stock Skyrocketed This Week
Unity Software (NYSE: U) stock closed out last week's trading with big gains thanks to bullish coverage from an analyst. The company's share price ended this Friday's trading up 25.7% from the previous week's market close.
On Friday, Jeffries published new coverage on Unity and upgraded its rating on the stock from hold to buy. Unity's share price also got a boost from bullish momentum for the broader market over last week's trading. The S&P 500 index ended the week up 1.9%.
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Source Fool.com
