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Should Investors Forget Twilio and Buy This Cloud Stock Instead?

Should Investors Forget Twilio and Buy This Cloud Stock Instead?

Cloud-based communications software provider Twilio (NYSE: TWLO) has seen its stock battered badly in 2022. Shares have lost more than 71% of their value as investors haven't bought into the company's impressive growth. A similar story unfolded at smaller competitor Bandwidth (NASDAQ: BAND), whose shares have dropped more than 80% so far this year.