Better Metaverse Stock: Roblox vs. Unity
Roblox (NYSE: RBLX) and Unity Software (NYSE: U) both saw their stocks surge to all-time highs last November as the bulls stampeded toward high-growth "metaverse" plays. However, investors who chased those rallies were badly burned as rising interest rates crushed the market's priciest growth stocks.
As of this writing, Roblox and Unity stock prices have declined about 75% and 80%, respectively, from their all-time highs. Should investors consider buying either fallen metaverse stock as a turnaround play in this tough market?
image source: Getty Images.
Source Fool.com
