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WORK News and Press, Slack Technologies Inc. Class A From 11/02/20

Stock Information

Company Name: Slack Technologies Inc. Class A
Stock Symbol: WORK
Market: NYSE
Website: slack.com

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WORK - Dropbox Is A Value Trap

Dropbox's stock-based compensation expenses are diluting shareholder value. The company's revenue growth on a per-share basis is meagre. Dropbox's new strategy has been unable to accelerate growth, during a time when the digitalization of the office accelerated at an unprecedented...

WORK - Why Pinterest, Square, and Slack Tech Stocks Just Melted Down

Monday got off to an inauspicious start with the various stock market indexes falling anywhere from 2% to 3%. Tech stocks , which have soared this year, took it on the chin especially hard today. As of 2:30 p.m. EDT shares of Pinterest (NYSE: PINS) are down 5.7%, Square ...

WORK - Concerned About The Election? Try Implementing These Ideas

With the U.S. presidential election right around the corner, timing the market has never been a more enticing idea for many new and old investors alike. In this article, I explore why timing the market is an exercise in futility for those looking to build sustainable long-term wealth....

WORK - Slack: Overpriced Work From Home Trade

Slack is less impressive an investment than its fanbase of shareholders believe it to be. Investors have been paying absurd multiples for growth rates that are failing to materialize. Slack's upside potential is already fully priced and leaves no margin of safety. For furthe...

WORK - Slack Falls by 6.3% on Bearish Analyst Note About Rivals Microsoft, Zoom, and Google

Slack (NYSE: WORK) is losing ground to other tech companies, according to a prominent analyst. In a research note published on Wednesday, Morgan Stanley prognosticator Keith Weiss said that the work-from-home trend engendered by the coronavirus outbreak has provided lasting ...

WORK - Here's Why Slack Stock Is Falling on Wednesday

The stock market overall was hovering near the flatline on Wednesday morning, with the S&P 500 and Nasdaq indices both down by less than 0.2% as of 11:30am EDT. However, workplace collaboration technology provider Slack Technologies (NYSE: WORK) was sharply lower, do...

WORK - Slack gains rare bear after Morgan Stanley downgrade on 'fading' market position

Citing competitive pressures, Morgan Stanley downgrades Slack (WORK) from Equal-Weight to Underweight with a $27 price target.The firm cites an internal survey that showed "fading positioning versus an intensifying competitive landscape, " saying that Zoom Video and Microsoft Teams are captur...

WORK - Will Slack Technologies Continue to Rebound?

With the growing demand for advanced technologies due to rapid change in consumer behavior, Slack Technologies. (WORK) is well-positioned to continue seeing gains. It portrays a promising earnings and revenue outlook based on growing demand for user-friendly applications and reliable tech inf...

WORK - Lessons From The Dot-Com Collapse

We've seen this show before. In 2000, unrealistic expectations eventually burst, sending the Nasdaq down almost 80%. While growth scarcity and lower discount rates justify higher prices, many stocks currently trade at huge valuations. The recent 30% drop caused by Fastly's 5-6% re...

WORK - ARKW: Big Returns On Disruptive Tech Investments

In the vast universe of ETFs, over the past year, ARK Invest runs 5 of of top 10 best performing ones. The ARKW: Next Generation Internet Fund is the second best performing ARK ETF so far this year (just behind the Genomics ETF). Today, I'll look at the ARK philosophy and what mak...

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