Twilio Surges in its NYSE Trading Debut; Valuation Tops $2 Billion
Shares of cloud communications platform Twilio surged during its first day as a public company on the New York Stock Exchange.
Shares of cloud communications platform Twilio (TWLO) - Get Report surged during its first day as a public company on the New York Stock Exchange. Twilio is the first big Silicon Valley tech company to go public this year, and the surge in its stock means its valuation topped $2 billion. Twilio's Co-Founder and CEO Jeff Lawson said Twilio is like Amazon (AMZN) - Get Report Web Services for communications, allowing developers to embed communications in any kind of app.
