We recently published a list of These Were Last Week’s 10 Worst Performers. In this article, we are going to take a look at where Twilio Inc. (NYSE:TWLO) stands against other last week’s worst performers.

Ten companies posted double-digit declines last week amid a series of dismal earnings performance and outlook guidance that weighed down on investor sentiment, bucking an overall strength of Wall Street’s main indices on a week’s basis.

Over the past five trading days, the Dow Jones registered growth of 0.5 percent, the S&P 500 increased by 1.47 percent, and the tech-heavy Nasdaq rallied by 2.57 percent.

To come up with the list, we only considered the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.

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Twilio Inc. (NYSE:TWLO)

Twilio Inc. (NYSE:TWLO) saw its share prices decline by 14 percent week-on-week, finishing Friday at $125.17 as compared with the $145.65 registered on February 7, as investors sold off positions following the company’s weak outlook for the current quarter, shunning last year’s better performance.

At intra-week trading, TWLO’s share prices hovered around the $140-level, before dropping heavily on Friday following announcements that it expects to see adjusted earnings per share of 88 to 93 cents for the first quarter on revenues of $1.13 billion to $1.14 billion. The company’s outlook was short of the 98 cents adjusted EPS as projected by analysts, while the revenue guidance fell just shy of the $1.14 billion expected.

During the last quarter, Twilio Inc. (NYSE:TWLO) narrowed its net losses by 96 percent to $12.47 million versus the $365 million registered in the same period last year, despite 11 percent higher revenues of $1.194 billion versus $1.075 billion year-on-year.

Overall, TWLO ranks 9th on our list of other last week’s worst performers. While we acknowledge the potential of TWLO as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TWLO but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.