Twilio jumps 4% after New York City selects for COVID contact tracing - InvestingChannel

Twilio jumps 4% after New York City selects for COVID contact tracing

Shares of Twilio are moving higher after New York City selected the company’s communications platform for its COVID-19 contact tracing initiative. The city is planning to deploy a cloud-based contact center on Twilio Flex and leverage Twilio SMS and Voice as key parts of the City’s COVID-19 tracing program, the company said in a statement. Twilio sadi it is working with government agencies and health departments to deploy and scale their contact tracing solutions. Shares of Twilio are up 4%, or $7.57, to $201.57 in premarket trading.