|Bid||0.00 x 1200|
|Ask||0.00 x 1200|
|Day's range||50.61 - 52.51|
|52-week range||29.09 - 210.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||07 Nov 2022 - 11 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||54.52|
Matterport develops 3D spatial scanning software which creates "digital twins" of physical locations and stores them on a cloud-based platform. Could that strategy, which is part of its broader diversification away from the gaming market, crush Matterport and make Unity a more promising long-term investment? Unity and Matterport both struggled this year as rising interest rates punished higher-growth companies that failed to hit home runs.
Share prices of Unity Software (NYSE: U) have taken off big time in the past month, jumping roughly 60%. The deal is expected to accelerate Unity's monetization efforts and grow its advertisement business.
Recently, Zacks.com users have been paying close attention to Unity Software Inc. (U). This makes it worthwhile to examine what the stock has in store.