MSFT - Where Will Slack Be in 1 Year?
Slack Technologies (NYSE: WORK) was already an intriguing opportunity before remote work was accelerated due to the coronavirus. Now that many workers are now doing their jobs from a distance, and some of them are not planning on coming back into a physical office for a long time, Slack's cloud-based collaboration tool is an even more compelling opportunity for investors.
But let's not get ahead of ourselves. Slack only went public about a year ago, and it faces some stiff competition from none other than Microsoft (NASDAQ: MSFT). So how is Slack doing right now, and what could lie ahead for the company in the coming year? Let's take a closer look.
Image source: Slack.