Unity stock price tumbles 26% after outlook miss; AI fears, Vector growth back in focus
Unity Software shares fell 26% to $21.41 in after-hours trading after forecasting first-quarter revenue below Wall Street estimates. The company reported fourth-quarter revenue of $503 million, up 10%, and adjusted earnings of $0.24 per share. About 105 million shares traded hands. Unity also announced board changes, naming Bernard Kim as an independent director and noting two departures.