Why Twilio Stock Tumbled Today
Shares of Twilio (NYSE: TWLO) were sinking today after the software-as-a-service company posted weak results in its first-quarter earnings report and offered disappointing guidance.
The performance continued a long streak of slowing growth for the company, which continues to be hit hard by the macroeconomic slowdown.
As of 11:48 a.m. ET, the stock was down 16.5%.
Source Fool.com
Twilio Inc Stock
€166.10
-0.690%
The stock is one of the favorites of our community with 43 Buy predictions and 1 Sell predictions.
As a result the target price of 189 € shows a slightly positive potential of 13.79% compared to the current price of 166.1 € for Twilio Inc.
