Sorry, I am not a stock person so I don’t know the terminology. But this sort of looks like unity technologies is doing the reverse of a pump and dump.
In case you have not heard the news they announced a pricing decision that just about everyone is agreeing is a complete suicide move for the company.
The announcement was made two days ago and the stock took an immediate dive.
The forums are on fire with several major studios announcing they will be walking away from the engine.
The moon is so unbelievably stupid I have to seriously wonder if they are doing this to drive down the stock value so they can buy it back up for cheap.
Looking at how split up the stocks are, it seems very likely.
Could someone who knows more than me look at it and tell if I’m wrong?
Also, what is the term for this?
Also also, what laws could they potentially be breaking here?
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