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WORK News and Press, Slack Technologies Inc. Class A From 11/16/20

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

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WORK - Slack Announces Date of Third Quarter Fiscal Year 2021 Financial Results

Slack Technologies, Inc. (NYSE:WORK) today announced that it will report its financial results for the third quarter of fiscal year 2021, ended October 31, 2020, following the close of the U.S. markets on Wednesday, December 9, 2020. Slack will host a conference call that day at 2:00 p....

WORK - Fastly leads WFH tech decliners after Moderna vaccine news; Uber, Lyft shares gain

Tech stocks with a work and learn from home tailwind are seeing red again before the bell this morning after positive coronavirus vaccine news from Moderna.Decliners include Fastly (FSLY) -3.3%, CrowdStrike (CRWD) -3%, DocuSign (DOCU) -2.3%, Roku (ROKU) -2.2%, and Slack (WORK) -1.8%.The ...

WORK - Better Buy: Slack vs. Adobe

Slack (NYSE: WORK) and Adobe (NASDAQ: ADBE) are both forward-thinking companies that are changing how people work. Slack's enterprise communication platform reduced the need for clumsy email chains and time-consuming phone calls. It also recently expanded its platform wi...

WORK - Why DocuSign, Slack, and Shopify Stocks Jumped on Wednesday

After a rough Tuesday in the stock market for growth stocks, lots of these same stocks rebounded sharply on Wednesday. Three notable stocks that all jumped 4.4% or more today are DocuSign (NASDAQ: DOCU) , Shopify (NYSE: SHOP) , and Slack Technologies (NYSE: WORK) . ...

WORK - Twitter's Turning Point (Podcast)

Twitter had an earnings beat, but for a variety of reasons the market sold off the results. To break down why, even beyond the revenue, this was an important quarter, we speak with Twitter veteran Rajiv Sud. He explains why the beneath the surface news marks a turning point for th...

WORK - Slack: Ignore Sell-Off, Growth Actually Accelerating

As stocks regularly do post-earnings, they react strongly on headline numbers without considering the underlying fundamentals. Slack sold off heavily due to billings growth slowdown. Nevertheless, management advised against billings as a useful metric during the pandemic. Instead,...

WORK - Can Slack Stand Out From the Growing Competition?

There's a lot of competition for Slack (NYSE: WORK) in the workplace collaboration space. Zoom Video Communications (NASDAQ: ZM) has nabbed a growing part of the remote meeting market, while Microsoft (NASDAQ: MSFT) is a go-to for collaboration and workplace tools. W...

WORK - Better Buy: Slack vs. Zoom Video

Investors have their choice of so-called stay-at-home stocks these days, as many technology stocks have proved their mettle during the COVID-19 pandemic. Two companies that have been instrumental in keeping businesses going during lockdowns and social distancing have been Zoom Video C...

WORK - Rule Of 40 For SaaS Companies - Part 3, Valuation

In this series, we have been looking at SaaS companies who pass the Rule of 40, a rule of thumb balancing sales growth and profitability. Rule of 40 stocks have outperformed the broader indices and IT benchmarks over the last 15 years, as have stocks in our All Software Stocks univers...

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...

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