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Why Twilio Stock Jumped 13% in October While the Market Sunk


Shares of Twilio (NYSE: TWLO) rose 12.9% in October, according to data from S&P Global Market Intelligence. For context, the S&P 500 (including dividends) fell 2.7% last month.

In 2020, shares of the cloud-based communications platform provider have gained a whopping 178% through Monday, Nov. 2. The broader market has returned 4% over this period. 

Image source: Getty Images.

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Source Fool.com

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