Tech firm Slack to make market debut, at US$26 reference price

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Cloud-based software firm Slack Technologies makes its debut on the New York Stock Exchange with a reference price of US$26, adding to this year's parade of new Wall Street entrants. techstocks slack informationsharing cloudsystem workflowmanagement

The Slack mobile application is renowned for marketing online tools for information sharing and workflow management i na cloud-based system.

Unlike two of the year’s biggest names, Uber and Lyft, which held initial public offerings, Slack will undertake a direct listing. The arrival of San Francisco-based Slack – which markets online tools for information sharing and workflow management – underscores investor hunger for new companies in spite of some high-profile stumbles.

 

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