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The Crypto Daily – Movers and Shakers – October 31st, 2021

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Motley Fool

Is Twilio Stock a Buy?

Twilio’s (NYSE: TWLO) stock price plunged to a five-month low after the company posted its third-quarter earnings report on Wednesday, Oct. 27. Twilio expects its revenue to rise 39%-40% year over year in the fourth quarter, which comfortably beats analyst expectations for 36% growth. Twilio is still growing rapidly, but its post-earnings plunge indicates investors are worried about its lack of profits and its high valuation.

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