Twilio (NYSE: TWLO) was one of the more notable decliners in the 2021-22 bear market. Since that time, Twilio has bounced back, surging above the $60 level. Twilio is the leading provider in the communications platform-as-a-service (CPaaS) space.
After more than a year in the wilderness, tech stocks are hot once again. Many technology names have already seen their stock prices mushroom by more than 25% year to date. Jake Lerch (Airbnb): Short term rental operator Airbnb has weathered a fierce storm over the last few years.
Zacks.com users have recently been watching Twilio (TWLO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.