What Is Twilio (TWLO) Telling Investors With Its New Big Cap Index Status?

Twilio (NYSE: TWLO) has been added to the S&P 500, S&P 500 Growth and S&P 500 Information Technology indices. The firm is also now included in the S&P Global 1200 and related international indices that track large listed businesses. These index inclusions increase Twilio's presence in portfolios that follow major US and global equity benchmarks. There is more to Twilio's broad S&P index inclusion than a simple classification change. Investors should understand these implications. We have...