Why Unity Software Stock Is Rising Today

Unity Software Inc. U shares are trading higher Thursday on strong volume amid overall market strength following softer-than-expected June inflation data. 

What To Know: Unity's move follows the broader market's rise Thursday. According to data from Benzinga Pro, U stock experienced above-average trading volume of 15.18 million shares compared to its average volume of 12.52 million.

The increase in price is part of a larger upside trend for Unity in which the stock has rallied 58.94% over the last three months.

Unity Software Inc offers a software platform that enables the creation and operation of interactive, real-time 3D content.

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U Price Action: Shares of U were up 6.57% at $46.56 at the time of publication, according to Benzinga Pro.

Image by Innova Labs from Pixabay