Twilio looks to brave Brexit jitters with U.S. IPO

Communications software provider Twilio Inc is expected to price its $140 million U.S. initial public offering on Wednesday, a rare technology stock market debut, one day before Britain holds a referendum on its European Union membership. IPOs are susceptible to wild market swings as investors struggle to value new shares, and the U.S. stock market has been particularly volatile ahead of the so-called Brexit vote on Thursday.