Better Stock: Twilio (TWLO) vs. Line Corp. (LN)
Twilio (NYSE: TWLO) and Line (NYSE: LN), two major tech IPOs of 2016, both had rocky market debuts. Twilio went public at $15 last June, surged to the mid-$60s three months later, then stumbled back to the mid-$20s. Line went public at $32.84 in late July, rallied above $48 three months later, dropped back below its IPO price, then eventually rebounded to the low $40s.
Line fared better this year, with its 27% gain easily outpacing Twilio's 12% decline. But is either stock worth owning in today's frothy market? Let's take a closer look at their core businesses, growth rates, and valuations to decide.
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Source: Fool.com