Last week was a fantastic opportunity for Twilio to rise by 47% with skyrocketing revenue of Q1 2020. Fortunately, April was a lucky month for TWLO to surge and hold the position. Then the first and second weeks of May have brought enormous gains. Is it too late to jump onto this bandwagon? As we all know Twilio is one of the communications company which showed rising revenue in Q1 despite the lockdown forced many businesses to cease their operations. Most of the scientists claim the COVID-19 pandemic will continue till this fall. So, future lucky investors could still get the sweet pie from the fast-moving bandwagon.
By the way, the Q1 2020 balance sheet indicates a rising asset along with a bit of surging liabilities. The equity lost 0.54% which is not awful change.