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Why Twilio Stock Fell After Earnings This Week

TheMotleyFool

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Why Twilio Stock Fell After Earnings This Week

Week to date, shares of Twilio (NYSE: TWLO) were down 18.1% as of 12:58 p.m. EDT on Friday, according to data provided by S&P Global Market Intelligence. The company reported strong third-quarter earnings on Thursday but a soft outlook for the fourth quarter weighed on the stock price.

The shares are now down 13.4% year to date, compared to a 19.9% return for the Nasdaq Composite index.