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I won't touch Unity or their stock with a ten-foot pole now. If they did this to please investors, then they're wrong.
by Geee 4y ago
I won't touch Unity or their stock with a ten-foot pole now. If they did this to please investors, then they're wrong.
- sithadmin 4y agoYou're not the sort of investor that public companies are generally interested in pleasing. They're mainly concerned with institutional investors and fund managers, not retail investors.
- plorkyeran 4y agoUnity's stock dropped another 20% in response to the announcement and it prompted yet another shareholder lawsuit, so I wouldn't expect those people to be happy either.
- sithadmin 4y agoOne-day valuation changes like that on an already-somewhat-volatile-and-downtrending stock isn't necessarily an indicator of meaningful long-term impact, and nearly any major action a public company takes triggers shareholder lawsuit trolling.
- HFguy 4y agoI think a lot of institutional investors may question this also. It isn't a great look. Did the stock not fall yesterday while the market was flat?