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Barchart
Wajeeh Khan

Should You Chase the Rally in Unity Software Stock Today?

Unity Software (U) shares pushed higher on March 27 after the game software company reported its preliminary Q1 results that came in ahead of its prior guidance. Investors cheered the San Francisco-headquartered firm also on reports that U is considering selling its China business at a valuation of more than $1 billion. 

Despite today’s surge, however, Unity stock remains down nearly 60% versus its year-to-date high.

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