Twilio Can't Be Stopped

Twilio Inc TWLO continues to be a popular stock among investors, with shares up another 6 percent Tuesday morning. The stock has already traded 2.60 million shares, while typical share volume in Twilio is 4.69 million shares.

The stock traded at $61.89 at time of writing, after hitting a high of $64.14 earlier in the session.

Related Link: Twilio Shares Continue To Run, Up 300% Since IPO

Twilio IPO'd on June 24.The company provides telephony services such as text messaging to companies like Uber, Whatsapp, Benzinga and more. The stock has risen like a rocket ship, which has caused many investors to pile in and hope it's not the end.

Twilio has kept its early momentum going by delivering a strong earnings and revenue beat during its first public quarter. The stock is up 53 percent since Wednesday, August 10.

Market News and Data brought to you by Benzinga APIs
Posted In: NewsIntraday UpdateMoversTrading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...