Twilio Inc is trading 4.2% down at $226.81 as a robust U.S. jobs report triggers a broad sell-off in high-valuation technology stocks.
- The move gives back a portion of the stock's recent AI- and outlook-driven gains following a sharp rise in major indices earlier this week.
- Strong macro data has prompted investors to reprice rate-cut expectations, pressuring growth-oriented names and high-valuation technology companies.