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May 2, 2017 08:29 pm GMT

Twilio stock plummets as major client Uber distances itself

A good report on revenue wasn’t enough to keep Twilio stock from taking a dive in after-hours trading.What at first glance appeared to be a positive story very quickly divulged into a financial nightmare. Shares in the cloud-communications company have fallen 27 percent in after-hours trading. On the earnings call, CEO Jeff Lawson addressed the unexpected guidance by explaining that… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/83ToYkGlvvw/

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