Shares of one of the Year's Hottest Tech IPOs are Crashing after it said it Wanted to Sell More Stock (TWLO)
Twilio's stock is down roughly 12% in midday trading on Monday, after the tech company announced plans to sell more equity in a follow-on stock offering.
Twilio, which provides phone and text message services to app developers, went public in June in a blockbuster debut that saw its shares surge 90% on its first day of trading...
Login to comment.