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Fast Money May Be Moving Out of Twilio (TWLO) and Into Nutanix (NTNX)

September 30, 2016 1:26 PM EDT

2016 IPO winner Twilio (NYSE: TWLO) is seeing some selling pressure Friday, which traders' suggest could be related to money coming out of the stock and into today's red-hot IPO for Nutanix (NASDAQ: NTNX). TWLO is down 6.6%, while NTNX is up 112%. TWLO is still up 327% from its IPO price.



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