Published on 30 May 2024 on Insider Monkey via Yahoo Finance
Does Unity Software (U) Have a Positive 2025 Outlook?
Carillon Tower Advisers, an investment management company, released its “Carillon Eagle Mid Cap Growth Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here. Mid-cap stocks demonstrated strength carried over from the end of last year, delivering robust returns during the first quarter. Among the style indexes, the Russell Midcap® Growth Index outperformed the Russell Midcap® Value Index by a modest margin, with growth up 9.49% and value up 8.23%. All sectors in the Russell Midcap Growth Index delivered positive gains during the quarter. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024.
Carillon Eagle Mid Cap Growth Fund highlighted stocks like Unity Software Inc. (NYSE:U), in the first quarter 2024 investor letter. Unity Software Inc. (NYSE:U) operates a platform that provides real-time 3D content and experiences. The one-month return of Unity Software Inc. (NYSE:U) was -22.39%, and its shares lost 37.75% of their value over the last 52 weeks. On May 29, 2024, Unity Software Inc. (NYSE:U) stock closed at $18.75 per share with a market capitalization of $7.329 billion.