Why Twilio (TWLO) Shares Are Trading Lower Today

By Yahoo! Finance | Jul 24, 2024 at 03:11 PM EST

Twilio's stock fell 5.3% amid market decline influenced by weaker earnings from Alphabet and Tesla. Small-cap stocks gain momentum as investors anticipate Fed rate cuts. Twilio faces challenges with revenue growth and customer deceleration. The stock is down 20% this year.

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