U share price is down 76% year-to-date.has entered capitulation mode in the same way Facebook, Netflix, Upstart, Affirm, and so many other tech darlings have during the 2022 stock market collapse.Unity is seeing slowing growth destroy its share priceUnity stock dropped 36% on Wednesday to trade at just above $30 a share. This must be soul-crushing for anyone who purchased the gaming software company near its all-time high at $210 last November.
The most worrisome part is that management revised its revenue expectations for Q2 to $290-$295 million
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