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Why Twilio Stock Tumbled Today

TheMotleyFool

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Why Twilio Stock Tumbled Today: https://g.foolcdn.com/editorial/images/731900/cloud-computing-microchip-technology.jpg

Shares of Twilio (NYSE: TWLO) were sinking today after the software-as-a-service company posted weak results in its first-quarter earnings report and offered disappointing guidance.

The performance continued a long streak of slowing growth for the company, which continues to be hit hard by the macroeconomic slowdown.

As of 11:48 a.m. ET, the stock was down 16.5%.

Source Fool.com

Twilio Inc Stock

The Twilio Inc stock is trending slightly upwards today, with an increase of €0.10 (0.180%) compared to yesterday's price.
Currently there is a rather positive sentiment for Twilio Inc with 16 Buy predictions and 3 Sell predictions.
With a target price of 67 € there is a positive potential of 23.75% for Twilio Inc compared to the current price of 54.14 €.

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