Twilio (TWLO) was mentioned at the top of Jim Cramer's Mad Money program Monday night. Cramer pointed out that TWLO and Under Armour (UAA) announced accounting inquiries. TWLO has been in a downtrend since late July so the marketplace must have had some hints from people close to the company.
We covered the company last month and said, "TWLO has been in a downtrend from late July and while the decline may have begun to slow it does not look over. Stand aside until support is tested in the low $90's or until a new base is formed."