23-06-2016 18:30 via rocketnews.com

Twilio soars more than 70 percent in stock market debut

NEW YORK (AP) — Twilio shares soared more than 70 percent after the technology company’s stock market debut Thursday.
The San Francisco company makes software that helps companies communicate with their customers and employees through text messages, phone notifications and in other ways. Cab hailing app Uber, for example, uses Twilio to notify riders about where their car is.
Twilio raised $150 million in its initial public offering, selling 10 million Class A shares at $15 per share
Read more »