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Why Twilio Stock Is Up On a Down Day

Why Twilio Stock Is Up On a Down Day

Well, it's a new week, but the stock market is still looking a lot like it looked last week -- which is to say, "down." As of 12:55 p.m. ET, shares of cloud communications platform Twilio (NYSE: TWLO) are up a solid 2%. You can probably thank Piper Sandler for that.