Why Twilio Shares Are Rising

Twilio Inc (NYSE:TWLO) shares are trading higher after Goldman Sachs initiated coverage on the stock with a Buy rating and announced a $350 price target.

Shares of several companies in the broader tech sector, including Twilio, are otherwise trading lower for the past month amid overall market weakness and as stocks dipped following US inflation data. Twilio is trading lower by 7% over the past five sessions and lower by 16% over the past month.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

See Also: Why Adobe Shares Are Falling

Twilio is a communications-platform-as-a-service company that allows software developers to integrate messaging and communications functionality into existing or new applications via application programming interfaces and software development kits.

Twilio has a 52-week high of $457.30 and a 52-week low of $235.00.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: MoversTrading Ideaswhy it's moving