Twilio Stock Approaches Death Cross: Time To Panic Or Play For The Software Firm? - Twilio (NYSE:TWLO)

Loading...Loading...Twilio Inc TWLO stock is down about 20% year-to-date. The San Francisco-based company’s struggle persists with sluggish single-digit growth and increased customer turnover, compounded by leadership changes, including the departure of CEO Jeff Lawson. Throughout 2023, the cloud communications firm underwent a business overhaul, modifying its cost and capital structure. However, the start of 2024 saw further restructuring, marked by the founding CEO’s resignation and promises of strategic ...