Zoom Video Communications (NASDAQ: ZM) and C3.ai (NYSE: AI) were both red-hot growth stocks back in late 2020. Zoom's stock closed at an all-time high of $568.34 in October, while C3.ai hit a record of $177.47 in December.

But over the following two years, both stocks crumbled as investors realized their slowing growth couldn't support their frothy valuations. Rising interest rates and other macro headwinds exacerbated those declines. Zoom and C3.ai now trade at about $67 and $11, respectively.

Should investors buy either of these fallen growth stocks as a turnaround play?

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Source Fool.com