Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
sharewise is moving On the weekend of 22/23 August the new sharewise becomes the main site. Have a look now and tell us what you miss. Go to the new sharewise What changes
You need to sign in or sign up before continuing.
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Twilio Stock Fell Today

TheMotleyFool 
0 0 03.03.22
Why Twilio Stock Fell TodayPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/8b396c5d-cf01-4937-89c4-91ad2f28f1ee.png
 

Shares of Twilio (NYSE: TWLO), a cloud-based communications platform provider, were tumbling Thursday as investors grew increasingly concerned about high inflation, upcoming interest rate hikes by the Federal Reserve, and the conflict in Europe. 

While there wasn't any company-specific news about Twilio, the tech stock still closed the session down by 5.5%. 

For the past six months, stocks in the technology sector have been reeling as investors have grown increasingly concerned about inflation, which has reached levels not seen in four decades.

Continue reading


Source Fool.com

Like: 0
TWLO
Share

Comments

Not a member yet? Sign up for free!