Why Twilio Stock Rose 17% in June
Twilio (NYSE: TWLO) shareholders outperformed a rising market last month. Their stock gained 17% in June compared to a 2.2% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.
The rally put the cloud communications specialist back into positive territory for the year and up over 50% since mid-2020. But the boost might not have much staying power.
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Source Fool.com