SAN FRANCISCO, December 09, 2022--Twilio (NYSE: TWLO) (LTSE: TWLO), the customer engagement platform that drives real-time, personalized experiences for today’s leading brands, today announced that it has applied to voluntarily delist its Class A common stock from the Long-Term Stock Exchange ("LTSE"). Accordingly, it is anticipated that, effective at the close of markets on December 29, 2022, Twilio’s shares of Class A common stock will no longer be dual-listed on the LTSE but will continue to
There is a stark difference between broken stocks -- where a company's stock is plummeting but the business is still thriving -- and struggling businesses. Struggling businesses where the share price is down significantly might not be buying opportunities, considering the company's fundamental concerns.
Shares of Twilio (NYSE: TWLO) were taking a dive after the software-as-a-service (SaaS) company issued a disappointing earnings report, adding to concerns that it was losing its momentum. According to data from S&P Global Market Intelligence, the stock finished the month down 34%. As you can see from the chart below, the stock fell sharply after the earnings report came out early in November, and never made much of a recovery.