🟢 U is trading 12% up today on preliminary Q1 revenue beat and Vector pivot

U is trading at $19.16 (+11.85%) following a preliminary Q1 revenue beat and a strategic shift to the high-growth Unity Vector ad platform.

• The company reported preliminary Q1 revenue of $505M–$508M and announced it is sunsetting ironSource Ads to focus on its new Vector technology.
• Management targets a $1B+ run rate for Vector by year-end, with the stock significantly outperforming broader market declines in the S&P 500 (-0.82%) and Nasdaq (-1.06%).