The 3 Biggest Misconceptions About Twilio Inc.
Twilio (NYSE: TWLO) had a wild ride since its IPO last June. The cloud service provider went public at $15 per share, surged to the $60s three months later, then plummeted to the low $20s this May before stabilizing in the high $20s.
Twilio advanced just over 3% this year, indicating that the once-hot IPO had stalled out. Its price now occasionally rises or falls on headlines about growing competition or lost customers, but many of the reports seem ill-informed about its core business. So today, let's take a moment to address three common misconceptions about Twilio.
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Source: Fool.com