• Slack stock surges at debut, values company at more than $23 billion

    4 monthes ago - By Reuters

    Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 50% in their public trading debut on Thursday, valuing the company at more than $23 billion.
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  • Slack, the newly-public chat app worth about $20 billion, has a hidden meaning behind its name

    Slack, the newly-public chat app worth about $20 billion, has a hidden meaning behind its name

    4 monthes ago - By Chron

    Richard / Drew Associated Press
    Slack debuted Thursday on the New York Stock Exchange under the ticker "WORK."
    Trading early Thursday saw the company's stock up over 50% from its reference price $26 per share. That values the company at just under $20 billion .
    In a Twitter thread from 2016, Slack cofounder and CEO Stewart Butterfield explained the app's name was originally an acronym that stands for "Searchable Log of All Conversation and Knowledge."
    Visit Business Insider's homepage for more stories.
    On Thursday, popular workplace chat...
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  • Slack's value rockets as stock closes up 48.5% in public debut

    4 monthes ago - By Tech Crunch

    It was a historic day for Slack. The workplace communication software juggernaut debuted on the New York Stock Exchange up 48% at $38.50 per share after reports emerged Wednesday night that the business had agreed to a reference price of $26 per share .
    Slack, founded in 2009 as Tiny Speck , closed up 48.5% Thursday at $38.62 per share. The stock had climbed as high as $42 in intraday trading. Slack's market cap now sits well above $20 billion, or nearly 3 times its most recent private valuation of $7 billion.
    Slack on Thursday became the second large venture capital-backed business to...
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  • Slack, the newly-public chat app worth about $20 billion, has a hidden meaning behind its name

    Slack, the newly-public chat app worth about $20 billion, has a hidden meaning behind its name

    4 monthes ago - By Business Insider

    Slack debuted Thursday on the New York Stock Exchange under the ticker "WORK."
    Trading early Thursday saw the company's stock up over 50% from its reference price $26 per share. That values the company at just under $20 billion .
    In a Twitter thread from 2016, Slack cofounder and CEO Stewart Butterfield explained the app's name was originally an acronym that stands for "Searchable Log of All Conversation and Knowledge."
    Visit Business Insider's homepage for more stories.
    On Thursday, popular workplace chat app Slack made its highly anticipated debut on Wall Street that valued the company...
    Read more ...