Twilio's Stock Is Experiencing a Rally. Time to Buy?
While a few stocks from the 2020 and 2021 tech hype have emerged just fine from the crash of 2022, Twilio (NYSE: TWLO) has not. The stock is down 85% from its all-time high set in 2021 but has seen a better 2023, with it up around 40% year to date.
Although that's an impressive run for most years, it still lags behind some of its software peers. Plus, a lot of its run-up can be attributed to the cheap valuation it entered the year at.
But has Twilio's stock come too far, too fast? Or is this rally due to continue?
Source Fool.com