Twilio (TWLO) stock slides as CEO share-sale filing lands; February earnings loom
Twilio shares dropped 3.9% to $132.13 Friday after a regulatory filing showed CEO Khozema Shipchandler sold 13,336 shares under a preset trading plan. CFO Aidan Viggiano also sold 7,213 shares under a similar plan. The stock had reached $138.39 earlier in the session. Twilio’s next earnings report is expected Feb. 18.