Forget Bandwidth, Twilio Is the Better Cloud Stock

Forget Bandwidth, Twilio Is the Better Cloud Stock

Bandwidth (NASDAQ: BAND), a cloud communications provider for app developers, went public in mid-November at $20 per share. Investors didn't rush out to buy the stock, however, which was priced at the low end of its $20-$22 price range; it currently trades at around $21.

Bandwidth suffered from tough comparisons to its larger competitor Twilio (NYSE: TWLO), which went public last July at $15 per share. Twilio surged to the mid-$60s before dropping back to the mid-$20s, but it remains well above its IPO price.

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Source: Fool.com