Slack stock surges at debut, values company at more than US$25 billion

By on
Slack stock surges at debut, values company at more than US$25 billion

Shares climb well above reference.

Shares of Slack Technologies, the fast-growing workplace messaging and communication platform, soared nearly 60 percent in their public trading debut on Thursday, valuing the company at more than US$25 billion (AU$36.1 billion) The strong performance helped validate the unusual direct listing ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
cloud finance ipo slack software

Most Read Articles

AWS suffers cloud problems in Sydney region

AWS suffers cloud problems in Sydney region
The CIO moves that made headlines in 2019

The CIO moves that made headlines in 2019
Optus breaks silence on NBN Co's enterprise behaviour

Optus breaks silence on NBN Co's enterprise behaviour
Service NSW loses digital chief to Queensland government

Service NSW loses digital chief to Queensland government
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Are you getting profitable outcomes from your IT?
Are you getting profitable outcomes from your IT?
Your Microsoft Security journey starts here
Your Microsoft Security journey starts here
Is your AWS framework well-architected?
Is your AWS framework well-architected?
Why you should reassess your cybersecurity posture
Why you should reassess your cybersecurity posture
How will you manage the cloud data deluge?
How will you manage the cloud data deluge?

Events

Log In

Username / Email:
Password:
  |  Forgot your password?