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Twilio (TWLO) Shows Strength: Stock Adds 9.9% in Session
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Twilio Inc. (TWLO - Free Report) was a big mover last session, as its shares rose almost 10% on the day. The move came on the back of robust second-quarter 2017 results. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range $28.40 to $31.50 in the past one-month time frame.
Over the last 30 days, the company witnessed one positive estimate revision. However, the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Is TWLO going up? Or down? Predict to see what others think: Up or Down
More Stock News: Tech Opportunity Worth $386 Billion in 2017
From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future.
Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>>
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Twilio (TWLO) Shows Strength: Stock Adds 9.9% in Session
Twilio Inc. (TWLO - Free Report) was a big mover last session, as its shares rose almost 10% on the day. The move came on the back of robust second-quarter 2017 results. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range $28.40 to $31.50 in the past one-month time frame.
Over the last 30 days, the company witnessed one positive estimate revision. However, the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Twilio currently carries a Zacks Rank #2 (Buy).
Twilio Inc. Price
Twilio Inc. Price | Twilio Inc. Quote
Another top-ranked stock in the Internet – Software space is Instructure, Inc. (INST - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is TWLO going up? Or down? Predict to see what others think: Up or Down
More Stock News: Tech Opportunity Worth $386 Billion in 2017
From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future.
Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>>