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Why Unity Software Stock Dropped 28% in February

TheMotleyFool 
0 0 03.03.21
Why Unity Software Stock Dropped 28% in FebruaryPhoto, wide shot, wide-angle lens, Networking equipment supplier, sunset photo at golden hour, photo by Marc Adamus: https://img.midjourneyapi.xyz/temp/66e3509e-f4c6-4a7b-8e88-53fcc02cf17f.png
 

Shares of Unity Software (NYSE: U) lost 28.2% in value last month, according to data provided by S&P Global Market Intelligence. 

The leading software platform for gaming and 3D content delivered record revenue for the fourth quarter of 2020, but it wasn't enough to justify a richly valued stock price. 

Image source: Getty Images.

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Source Fool.com

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