Slack shares recover from hammering after first results as public company

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Shares of Slack Technologies Inc recovered initial losses to trade just 2% lower...

) recovered initial losses to trade just 2% lower on Thursday, after the workplace messaging firm’s first quarterly report as a public company beat expectations while warning of slowing growth.

Earlier in the day, the stock had fallen as much as 15% after the company forecast a much bigger than expected loss of the current quarter loss and said revenue growth would slow amid intensifying competition. Chief Executive Officer Stewart Butterfield sought to calm nerves in a conference call with analysts by highlighting some wins over Microsoft Corp’s competing Teams software.

 

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Stocks making the biggest moves midday: Mallinckrodt, Facebook, Slack, Nordstrom, GM & moreCheck out the companies making headlines in midday trading. Good I wonder how many of those CEOs paid $0 in taxes? Because we are going to have to pay their taxes...14,2 trillion dollars in consumer debt and 21 trillion dollars in the national debt that's a combined debt of 35.2 trillion dollars people that we owe Stocks Moving?
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »

Slack CEO says the company will use its $800 million cash pile to focus on growthSlack issued its first earnings report as a public company yesterday. Here’s what the Slack CEO has to say about the results and the company’s priorities going forward. Slack is yet Another of Chamath P. 's Scams. Stay away. Seems like this company is taking major losses long term I'd leave. Its a scam... Only for penny like stocks. Meaning short-term. Invest in business's and actual assets... Unless this stock does exactly that.
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »