Twilio (TWLO) Stock Sinks As Market Gains: Here's Why

Twilio (TWLO) closed the most recent trading day at $60.08, moving -0.08% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 1.11%. Meanwhile, the Dow experienced a rise of 0.8%, and the technology-dominated Nasdaq saw an increase of 1.24%.Coming into today, shares of the company had lost 1.68% in the past month. In that same time, the Computer and Technology sector gained 0.85%, while the S&P 500 gained 0.48%.The investment community will be closely monitorin ...