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Twilio Shares Fall 15.24% as U.S. Indexes Close Lower Friday

The Nasdaq fell 2.86%, while the VIX rose 12.91%. Four other AI-related stocks each lost more than 10%.

A brass closing bell catches a narrow red reflection / TokenPost.ai
A brass closing bell catches a narrow red reflection / TokenPost.ai

Twilio shares dropped 15.24% as U.S. stocks ended lower Friday, Oct. 30, with four other AI-related companies also losing more than 10% during a weak session for major indexes.

The Dow Jones Industrial Average fell 1.09%, and the S&P 500 declined 1.82%. The Nasdaq Composite lost 2.86%. The VIX rose 12.91%.

Astera Labs fell 10.93%, while Advanced Micro Devices (AMD) dropped 10.88%. Dell declined 10.77%, and Marvell fell 10.05%.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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