Twilio (NYSE: TWLO) has been a tough stock to own over the past few months. After going public at $15 per share last June, the stock surged to nearly $70 in late September before overheated valuations and a secondary offering sent the stock tumbling back to the low $30s.
All that drama might have convinced Twilio bulls — who once believed that demand for its cloud platform would keep rising — to finally give up. But before you sell this volatile stock, make sure you aren’t doing it for these three reasons.
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