Twilio Shares Nearly Double in First Day of Trading on NY Stock Exchange
Twilio began trading at $15 per share Thursday, a few dollars above the $12 to $14 the cloud software developer proposed in an updated IPO prospectus last week. Twilio offered the shares (see 1605260045) on the New York Stock Exchange under the ticker symbol “TWLO.” Its shares closed 93.9 percent higher Thursday at $28.79.