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Twilio shares drop 17% after lowering growth forecast; securities investigation launched

Market News
31 Oct 2026, 01:44 WIB
PRNewsWire
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Bearish
Twilio shares drop 17% after lowering growth forecast; securities investigation launched

Twilio lowered its fourth-quarter organic revenue growth forecast from 16% to 11-12%, causing shares to fall as much as 17%. This sharp decline followed earlier optimistic statements by the CFO and CEO about accelerating growth, raising concerns about whether the company misled investors. A securities law investigation is now underway to determine if Twilio adequately disclosed its slowing growth, especially in its largest business segment. Investors who suffered losses are encouraged to submit details for potential legal action.

Twilio shares on Pluang are priced at USD 205.98, down 14.85% as of Oct 31, 2026, 06:01 WIB. The stock's market cap stands at $37.15 billion with a 52-week range between $108.49 and $301.27. Pluang investors hold Twilio for an average of 56 days, with current order activity showing 63% selling and 37% buying.

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