Everyone understands that stocks go up, but very few understand that stocks go down too. Ultimately, stocks go down as well as up. Indeed, what we can see above is that practically anyone that has deployed capital into Unity's shares has now seen that capital turn to a loss. What's more, you are now fully doubting yourself and your process. Since November, your portfolio has taken a serious beating. In fact, I am willing to contend that if you own stocks like Unity, your own portfolio pretty much resembles what we see above. What a rollercoaster ride Unity has had in the past few months. Investor Sentiment Fades Away For Unity Stock On the other hand, for investors that seriously want exposure to some of the best 3D technology, this is a reasonable entry point to average their position. Clearly, not the cheapest valuation around, particularly right now. Rather than building in-house the technology that's required, through its acquisition of Weta Digital, Unity is able to use many of the features used in films and deploy them into games too.įrom an investment perspective, investors are asked to pay 20x its 2022 sales. Meanwhile, investors' sentiment to invest in highly innovative and disruptive companies has substantially dwindled in the past few months.įor its part, Unity remains focused on increasing the reach of its platform with its acquisition of Weta Digital. Unity Software ( NYSE: U) is one of the companies at the epicenter of the metaverse movement. Pcess609/iStock via Getty Images Investment Thesis
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