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WORK News and Press, Slack Technologies Inc. Class A From 12/12/20

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

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WORK - Salesforce's Slack Acquisition Could be Huge, or a Huge Flop

Since rumors of a deal were first leaked right before Thanksgiving, shares of salesforce.com (NYSE: CRM) are down almost 15%, while Slack Technologies (NYSE: WORK) stock has surged 43%. On the Nov. 25 edition of "The Wrap" on Motley Fool Live, host Jason Hall and Motley ...

WORK - Adobe Is Well Positioned to Capture Massive Opportunity Ahead

Despite a troubled macroeconomic surrounding, Adobe (NASDAQ: ADBE) topped both top and bottom Wall Street’s fourth-quarter targets as well as guided higher for the undergoing quarter and fiscal year 2021. The pandemic has underscored the ongoing importance of digital-collaboration to...

WORK - WeissLaw LLP Reminds WORK, FBM and STND Shareholders About Its Ongoing Investigations

WeissLaw LLP Reminds WORK, FBM and STND Shareholders About Its Ongoing Investigations NEW YORK , Dec. 10, 2020 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions ...

WORK - Slackforce: The Benioff-Butterfield Bonanza

Following the announcement of Slack's acquisition, many investors have wondered what they should do with their shares. In this note, I discuss two points primarily: 1) thoughts on outperforming the market and 2) the synergies of a Slack/Salesforce union. What I'm calling Slackforce. ...

WORK - Slack upgraded at Morgan Stanley on 'full valuation' of Salesforce acquisition

Citing the company's pending acquisition by Salesforce, Morgan Stanley analyst Keith Weiss upgrades Slack (WORK) from Underweight to Equal Weight and raises the price target from $27 to $44.The analyst notes that the cash-and-stock deal implies Slack shares are worth $44.47 each. The dea...

WORK - Here's Why Many Cloud Computing Stocks Soared Last Month

Chatter surrounding the then-rumored buyout of Slack Technologies (NYSE: WORK) by salesforce.com (NYSE: CRM) lifted share prices of many cloud computing stocks in November 2020. Slack led the charge with a gain of 67.6%, according to data from S&P Global Market Int...

WORK - James Layfield: Why Salesforce.com Is Buying Slack And The Power Of The Combination

Clearfind founder helps me understand whether the Slack and Salesforce.com deal makes sense. We also get into why the combination can become a threat to Microsoft. We talk about other competitors out there and what their offer looks like. One important issue James helps me und...

WORK - Merger Arbitrage Mondays: Yet Another Deal Receives A Higher Bid

Merger activity increased last week with five new deals announced. The merger of IHS Markit and S&P Global for $44 billion. The acquisition of Slack Technologies by salesforce.com. For further details see: Merger Arbitrage Mondays: Yet Another Deal Receives A Higher ...

WORK - Slack an expensive buy by Salesforce - Analyst

Salesforce (CRM) acquisition of Slack (WORK) has generated mixed reviews from analyst with most of the analyst showing concern about the high price being paid for Slack.CFRA Analyst John Freeman upgrades Salesforce to strong buy despite deal being expensive, as the deal holds tremen...

WORK - Are These The Best Work-From-Home Stocks To Buy Now? 1 Up By Over 300% Since March

3 Top Work-From-Home Stocks To Watch This Month Most of the work-from-home stocks now have had their best year by far on the stock market . As a matter of fact, the very phrase work-from-home was something unfamiliar to most of the general population last year. However, all ...

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