On Friday, Shares of Twilio Inc (NYSE:TWLO), SUBTRACT -2.39% and closed at $46.11 in the last trading session. The last trading range of the stock ranges between $45.68 and $49.59. Twilio Inc. (TWLO), a leading Cloud Communications Platform company, recently declared that it filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) regardinga projected follow-on public offering of shares of its Class A common stock. A majority of the shares in the projected offering are expected to be sold by existing stockholders. Twilio will not receive any proceeds from the sale of the shares by the selling stockholders. The number of shares of Class A common stock to be sold and the allocation of the shares between Twilio and existing stockholders has not yet been determined.
Goldman, Sachs & Co. and J.P. Morgan Securities LLC will act as joint book-running managers for the projected offering. Allen & Company LLC; Pacific Crest Securities, a division of KeyBanc Capital Markets Inc.; JMP Securities LLC; William Blair & Company, L.L.C.; and Canaccord Genuity Inc. will act as co-managers.
Visa Inc (NYSE:V), jumped 0.71% and closed at $82.45 in the last trading session. The last trading range of the stock ranges between $82.04 and $83.19. The company’s Market capitalization is $196.03 Billion with the total Outstanding Shares of 1.89 billion. Visa Inc. (NYSE:V) will report its fiscal fourth quarter and full-year 2016 financial results on Monday, October 24, 2016. The results, together with accompanying financial information, will be released after market close and posted on the Visa Shareholder Relations website.
Visa’s executive administration team will then host a live audio webcast starting at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss financial results and business highlights.
Paypal Holdings Inc (NASDAQ:PYPL), jumped 0.10% and closed at $39.24 in the last trading session. The last trading range of the stock ranges between $39.23 and $39.89. The company’s Market capitalization is $47.41 Billion with the total Outstanding Shares of 1.21 billion. During the 52-week trading session the minimum price at which share price traded, registered at $30.52 and reached to max level of $41.75. PayPal Holdings, Inc. operates as a technology platform company that facilitates digital and mobile payments on behalf of consumers and merchants worldwide. It facilitates businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, in addition to at offline retail locations through a range of payment solutions, counting PayPal, PayPal Credit, Braintree, Venmo, and Xoom products. The company’s platform allows customers to pay and get paid, transfer and withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.