If You Invested $1,000 in Twilio In 2021, This Is How Much You Would Have Today
Communications and engagement software company (NYSE: TWLO) was a high flyer a couple of years ago when tech stocks dominated Wall Street. But last year's bear market put the stock down, and shares have yet to get back on their feet.
Had you had the unfortunate timing of investing $1,000 in July 2021, you would be sitting on less than $170 today, more than an 80% decline. Yes, the bear market was a whopper that sent many stocks crashing -- most haven't come close to recovery yet, either.
But there is more going on here that investors should know about. I'll explain Twilio's struggles and whether investors should buy into the idea of a potential rebound.
Source Fool.com
Twilio Inc Stock
€53.48
3.100%
Our community is currently high on Twilio Inc with 18 Buy predictions and 3 Sell predictions.
As a result the target price of 70 € shows a positive potential of 30.89% compared to the current price of 53.48 € for Twilio Inc.
