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Why Twilio Stock Lost 34% in November

TheMotleyFool

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Why Twilio Stock Lost 34% in NovemberPhoto, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/ee32e77c-b7d6-424b-91ea-4023f2292688.png

Shares of Twilio (NYSE: TWLO) were taking a dive after the software-as-a-service (SaaS) company issued a disappointing earnings report, adding to concerns that it was losing its momentum.

According to data from S&P Global Market Intelligence, the stock finished the month down 34%. As you can see from the chart below, the stock fell sharply after the earnings report came out early in November, and never made much of a recovery.