Slack Technologies, Inc. operates Slack, a business technology software platform in the United States and internationally. Its platform brings together people, applications, and data, as well as sells its offering under a software-as-a-service model. The company was formerly known as Tiny Speck, Inc. and changed its name to Slack Technologies, Inc. in 2014. Slack Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.
Slack Technologies, Inc. NYSE:WORK
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Slack (NYSE:WORK) announced its fourth quarter performance results on Thursday that topped analysts’ estimate for revenue but fell short in terms of earnings. The company also revealed its estimate for financial performance in the fiscal first quarter on Thursday that came out lower than the analysts’ expectations. Following the announcement, Slack was seen trading lower in the stock market in after-hours trading on Thursday. Slack lost traction...
Slack stock price soared more than 15% in yesterday’s trading session on news reports that International Business Machines Corp. (IBM) would start using Slack’s communications services to more than its 350,000 employees. However, the company moved quickly and denied such reports, hence erasing around 6% of daily gains in the after-hours trading session. Fundamental analysis: IBM confusion initiates a roller-coaster ride Business Insider ran a sto...
The Canadian software company, Slack Technologies, announced its earnings report for the third quarter on Wednesday. Beating analysts’ estimates for revenue and earnings per share, the stock was reported to have gained by 2% in the after-hours trading on Wednesday. The gain was immediately followed by a massive drop of 6% on Thursday morning as concerns regarding future losses started to circulate. As of Friday, however, the company jumped...
Office space manager WeWork expects to be valued at about $20 billion in its upcoming initial public offering (IPO), the Financial Times reports. The amount is said to be less than half the $47 billion figure the company reached in its last round of funding from Japan’s SoftBank. IPO valuation to be slashed Two sources briefed on WeWork’s IPO plans told the FT that the company was looking at a float valuation of about $20 billion. The...
Office-space manager WeWork is planning to kick off a roadshow for its upcoming initial public offering (IPO) next week, Bloomberg has reported, quoting sources with knowledge of the matter. The update comes after it recently emerged that the company was looking to raise up to $4 billion in debt before it goes public. WeWork IPO roadshow to kick off Sources with knowledge of the matter told Bloomberg News that the office-space manager was plannin...
Office-space manager WeWork is looking to raise up to $4 billion in debt before it goes public, the Wall Street Journal has reported. WeWork’s initial public offering (IPO) will follow the disappointing market debut of Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT) earlier this year. WeWork looking to raise up debt The WSJ reported yesterday, quoting sources with knowledge of the matter, that WeWork was seeking to raise between $3 billion and $4 b...
|Name||Slack Technologies, Inc.|
|Exchange||New York Stock Exchange|
|Full time employees||2,045|