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TWLO - Here's the Surprising Coronavirus Stock You'll Really Want to Own
Twilio Inc. Class A
A "black swan" event is a highly unusual, utterly unpredictable happening that throws everybody for a loop. As far as the stock market is concerned, black swans are almost always bad. For instance, 9/11 was a black swan. COVID-19 is a black swan, too.
The coronavirus, which did not exist a year ago, has now shut down much of the world economy. The stock market hates that sort of uncertainty, and so earlier this year there was a massive sell-off.