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Why Twilio Stock Rose 17% in June

TheMotleyFool

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Twilio (NYSE: TWLO) shareholders outperformed a rising market last month. Their stock gained 17% in June compared to a 2.2% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.

The rally put the cloud communications specialist back into positive territory for the year and up over 50% since mid-2020. But the boost might not have much staying power.

Image source: Getty Images.

Source Fool.com

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