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Twilio Surges In IPO, Trades Above $25.00 In First Hours On Market
San Francisco-based
Twilio
has seen a huge bump in its IPO, and was trading at more than $25.69 in its initial morning trading on the NYSE as TWLO. The company priced its IPO last night at $15.00 per share, but started out the morning well above that, up more than 70% in only its first hour and half of trading.
posted on Thursday, June 23, 2016
Related companies:
TWILIO INC
Related stories:
> Twilio Files For $100M IPO
> Twilio Lands $17M In Series C
> Twilio Calls Up $70M In Series D
> Twilio Plans Follow On Offering
> Twilio Moves Closer To IPO, Sets Estimated IPO Pricing Range
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