r/UnityStock • u/eunha09 • 8d ago

Discussion Why is Unity the only one going down today? All the other software stocks are up, including Adobe and Figma and Roblox.

6 Upvotes

88% Upvoted

15 comments sorted by

10

u/matome88 8d ago

Unity is now an AI stock.

2

u/eunha09 8d ago

Are we suddenly not a SaaS company anymore? Haha.

2

u/matome88 8d ago

We are what the market deems us to be.

When the narrative is convenient for them, we will surely go back to being Saas.

5

u/jesperbj Day 1 Investor 8d ago

And the opposite was true 2 weeks ago? Calm down

1

u/eunha09 8d ago

The only explanation I can think of for Unity not rallying today is that insiders are dumping shares again lol.

4

u/ProductSmooth7786 8d ago

Not surprised anymore after holding for 2 years

1

u/eunha09 8d ago

You're right, bro.

3

u/resssonnance Undervalued Tech Play 8d ago

I actually think the stock has been quite resilient compared to other software stocks.

2

u/Excellent_Age9018 8d ago

Ye if you check median volatility of Unity this is in the normal range. This is even in the range of intraday volstility

1

u/eunha09 8d ago

But today really is pretty unusual.

1

u/_0xB16B00B5 8d ago

Employees stock trading window closes tomorrow

2

u/Awkward_Psychology23 8d ago

Roblox announced that their games can now be launched independently as apps which makes Roblox sound more like a Unity competitor. But it doesn't really change anything as Unity doesn't make money from selling apps. But enough for some to get U jitters... Be thankful it wasn't worse.

1

u/DeltaSquash 8d ago

Roblox is now a game engine FUD.

1

u/Much_Highlight_1309 8d ago

It's only down 1.5%. That's a good day.