WORK News and Press, Slack Technologies Inc. Class A From 04/07/20

Executive Summary The move to remote working and video conferencing has been fast forwarded in the past few weeks. Microsoft Teams and Zoom have built an insurmountable lead over RingCentral as evident in multiple sources of data. The lead is, by many measures, larger than the lead Facebook ...

By Breakingviews The virtual-meetings business has suddenly been thrown forward in time. Zoom Video Communications (ZM) reckoned last year that it and rivals like Slack Technologies (WORK) would be competing for $43 billion in annual industry revenue by 2022. But user numbers have grown ra...

Slack (NYSE: WORK )  prices its private offering of 0.50% convertible senior notes due 2025. More news on: Slack Technologies, Inc., Tech stocks news, Read more ...

Slack Technologies, Inc. (NYSE: WORK) announced today the pricing of $750.0 million aggregate principal amount of 0.50% convertible senior notes due 2025 (the “notes”) in a private offering (the “offering”) only to persons reasonably believed to be qualified instit...

The COVID-19 pandemic is disrupting our lives in an unprecedented way. The humanitarian crisis we are going through will have long-lasting ramifications on healthcare, the economy and our society as a whole. There are already very obvious impacts in public equities: Travel and hospitalit...

Slack (NYSE: WORK )  will offer the convertible senior notes due 2025 to qualified institutional buyers. More news on: Slack Technologies, Inc., Tech stocks news, Read more ...

Slack Technologies, Inc. (NYSE: WORK) announced today that it intends to offer, subject to market conditions and other factors, $600.0 million aggregate principal amount of convertible senior notes due 2025 (the “notes”) in a private offering (the “offering”) only ...

Slack (NYSE: WORK ) has together with Zoom, Microsoft Teams lately become one of the “go-to” tools for remote working. Because of the lockdown effect and the spread of COVID19 companies had to adapt to the new working environment. As a result, Slack’s user growth has tak...

Slack's (NYSE: WORK ) past six months' price performance of 6.08% has outperformed the S&P 500 of -14.06%. This outperformance was mainly due to the combination of market turmoil and the current need for many employees to work from home. I believe that Slack has a decent track record of gr...

The coronavirus outbreak and the effects of COVID-19 have gone deeper and wider than most people would have expected. That applies just as much to markets as anywhere. Whether it's a tech sector that's supporting our new work from home or re-rating as expensive EV/Sales multiples make less sen...