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May 2, 2017

Twilio stock plummets as major client Uber distances itself

 A good report on revenue wasn’t enough to keep Twilio stock from taking a dive in after-hours trading. What at first glance appeared to be a positive story very quickly divulged into a financial nightmare. Shares in the cloud-communications company have fallen 27 percent in after-hours trading. On the earnings call, CEO Jeff Lawson addressed the unexpected guidance by explaining that… Read More

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