|Day's range||5.70 - 6.20|
In the latest trading session, Unity Software Inc. (U) closed at $28.72, marking a -1.54% move from the previous day.
Unity Software (U) is set to release a generative artificial intelligence (AI) marketplace for video game developers.
The bear market of 2022 has been brutal on video game stocks. As measured by the Global X Video Games & Esports ETF (NASDAQ: HERO), these software businesses are down nearly 50% from all-time highs and have nearly given back all their early pandemic gains. Video games are only growing in popularity, though, and businesses in this industry still hold tremendous long-term promise.