Slack Shares Jump in Trading Debut

  • 📰 WSJ
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Slack shares open at $38.50 in their trading debut, above $26 reference price and giving the company a valuation of about $23.2 billion

Messaging service’s stock opens at $38.50 on the New York Stock Exchange, above reference price of $26

From Uber to Lyft to Airbnb, it's the year of the tech initial public offering. Jonathan DeYoe, a Bay Area financial adviser to some of the new IPO millionaires, explains how many of his clients acquired so much stock and what he suggests they do with their new riches. Illustration: Timothy Wong for The Wall Street Journal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Axalta shares soar 10% premarket after company says it's reviewing strategic optionsAxalta Coating Systems Ltd. shares soared 10% in premarket trade Wednesday, after the paint company said its board has started a review of its strategic...
Source: MarketWatch - 🏆 3. / 97 Read more »

Slack IPO Reference Price Set at $26 a ShareSlack Technologies Inc. is set to make its trading debut Thursday on the New York Stock Exchange at a valuation of about $15.7 billion, the second major company to go public through a so-called direct listing. Do you understand how meaningless it is to include a share price without the corresponding valuation ? SlackHQ Stay away from $SLACK stock since Microsoft office teams is eating their Lunch since all VC socialcapital wants to throw their shares in public markets SlackHQ Stay away from $SLACK stock since Microsoft office teams is eating their Lunch since all VC's wants to throw their shares in public markets
Source: WSJ - 🏆 98. / 63 Read more »