Raising hope: Twilio's strong debut coincided with a rally in global stock markets on indications that most Britons would vote on June 23 to remain in the European Union. — Reuters
Shares of software maker Twilio Inc surged as much as 72% in their debut on June 23, raising hopes that investor appetite for US tech IPOs is finally returning.
Twilio's strong debut, which valued the company at as much as US$2.12bil (RM8.73bil), coincided with a rally in global stock markets on indications that most Britons would vote on June 23 to remain in the European Union.
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