Why Is Twilio (TWLO) Stock Rocketing Higher Today
Shares of cloud communications infrastructure company Twilio (NYSE:TWLO) jumped 6.5% in the afternoon session after the company was added to the S&P MidCap 400 index. S&P Dow Jones Indices announced that the cloud communications provider will join the index effective prior to the opening of trading on Tuesday, August 19. This inclusion is significant as…