Shares of Twilio (NYSE: TWLO), a cloud-based communications platform, were climbing today as some technology stocks considered to be stay-at-home stocks rose amid increasing COVID-19 lockdowns in China.
The tech stock jumped by as much as 5.5% today and had gained 3.3% as of 3:19 p.m. ET.
Some investors are starting to warm back up to companies that help people communicate virtually as China continues to implement its zero-COVID policy.
Source Fool.com