ARK Investment Management LLC lifted its position in Twilio Inc. (NYSE:TWLO – Free Report) by 1.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,132,012 shares of the technology company’s stock after acquiring an additional 93,828 shares during the period. Twilio accounts for about 3.2% […]
Seaport Global Advisors LLC grew its stake in Twilio Inc. (NYSE:TWLO – Free Report) by 278.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,055 shares of the technology company’s stock after acquiring an additional 8,873 shares during the […]
Twilio Inc.’s stock fell 2% early Monday, after the cloud computing company said it plans to cut 5% of its global workforce and book $25 million to $35.
By Adriano Marchese Twilio said Monday that it plans to shed hundreds of jobs as it seeks to streamline its operations and accelerate its path to profitable.