Why Twilio Stock Fell Today

Shares of Twilio (NYSE: TWLO) have fallen today, down by 3% as of 12:45 p.m. EDT, after the company reported third-quarter results. Twilio now has over 208,000 customers and reported a dollar-based net expansion rate of 137%. "Great digital engagement is becoming more critical to differentiate the customer experience, and companies across industries and around the world are choosing Twilio's customer engagement platform to build these solutions," CEO Jeff Lawson said in a statement.