Twilio Inc. (TWLO - Free Report) was a big mover last session, as its shares rose almost 10% on the day. The move came on the back of robust second-quarter 2017 results. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range $28.40 to $31.50 in the past one-month time frame.
Over the last 30 days, the company witnessed one positive estimate revision. However, the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Twilio currently carries a Zacks Rank #2 (Buy).
Another top-ranked stock in the Internet – Software space is Instructure, Inc. (INST - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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