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Why Twilio Stock Jumped on Thursday

TheMotleyFool

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Why Twilio Stock Jumped on ThursdayPhoto, wide shot, wide-angle lens, Consumer electronics manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/0defe5ca-333a-451e-9549-4f262e278fc7.png

Shares of Twilio (NYSE: TWLO), a provider of cloud-based communication tools and services for developers, jumped on Thursday. The stock rose as much as 9.2% but shares were up 7.9% as of 11:15 a.m. EDT.

The stock is likely up primarily because of bullishness in the broader market on Thursday for growth stocks like Twilio.

Image source: Getty Images.

Source Fool.com

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