Could Twilio Stock Help You Become a Millionaire?
(NYSE: TWLO) likely minted a lot of millionaires in its first five years as a publicly traded company. The cloud-based communications software provider went public at $15 in June 2016, and it reached its all-time high of $443.49 in February 2021.
So if you had invested $40,000 in its initial public offering, that would have briefly blossomed to $1.18 million. But today, Twilio's stock trades at $59, and that investment would only be worth about $157,000. A nearly four-bagger gain in less than eight years is still impressive, but Twilio burned a lot of its investors who hopped aboard at the wrong time.
Image source: Getty Images.
Source Fool.com
Twilio Inc Aktie
54,40 €
0,91 %
Die Twilio Inc Aktie ist etwas beliebter: Mehr Buy- (15) als Sell-Einschätzungen (3).
Das Kursziel von 67 € für Twilio Inc signalisiert eine mögliche Steigerung von über 20% gegenüber 54.4 €.
