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

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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

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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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