Twilio hits new 52-week high as stock continues to jump a day after upping forecast

Twilio hits new 52-week high as stock continues to jump a day after upping forecast

Jeff Lawson, co-founder and chief executive officer of Twilio Inc., center, rings the opening bell on the floor of the New York Stock Exchange in New York, Sept.17, 2018.Michael Nagle | Bloomberg | Getty ImagesShares of cloud communications company Twilio are up more than 13% Friday morning, extending the 10% gains after markets closed on Thursday evening and reaching a new 52-week high. Twilio on Thursday said in a filing it anticipates more third-quarter revenue than the that the $401 million to $406 million range it provided in August.Analysts polled by Refinitiv had expected $407.9 million in revenue for the third quarter. The range had implied 36% to 38% growth, which would be down from 46% in the second quarter. During Thursday's investor day presentation, Twilio said it expects at least 30% organic annual revenue growth in each of