Better Tech Stock: Twilio vs. Unity Software
TWLOTwilio(TWLO) The Motley Fool·2024-08-15 17:50

Which of these fallen growth stocks is a better turnaround play?Twilio (TWLO -1.37%) and Unity (U -2.65%) both hit their all-time highs during the buying frenzy in growth and meme stocks in 2021. Twilio's stock surged to 443.49thatFebruary,representinga2,857443.49 that February, representing a 2,857% gain from its initial public offering (IPO) price of 15 in 2016. Unity's stock hit 201.12thatNovember,markinga287201.12 that November, marking a 287% rally from its IPO price of 52 in 2020.But today, Twilio and Unity trade at about 60and60 and 15, respectively. Both stocks pl ...