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Why Twilio Stock Fell on Wednesday

TheMotleyFool

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Why Twilio Stock Fell on WednesdayPhoto, wide shot, wide-angle lens, Telecom equipment supplier, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.theapi.app/temp/3967c11c-b755-4d39-87d0-acc853384c80.png

Shares of cloud-based communications tools specialist Twilio (NYSE: TWLO) fell on Wednesday, declining as much as 5.3%.

The growth stock's gain follows Twilio's second-quarter earnings release on Tuesday afternoon. While the company crushed analyst expectations for the quarter, shares seem to be taking a breather following a huge run-up this year.

Image source: Getty Images.

Source Fool.com

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