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WORK News and Press, Slack Technologies Inc. Class A From 05/27/21

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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 stock pops after 'best first quarter' in company history, strong guidance

Salesforce.com (CRM) shares pop 5.4% after topping Q1 estimates with $5.96B in revenue (up 22% Y/Y) and EPS of $1.21, a strong $0.33 ahead of consensus.Current remaining performance obligations totaled $17.8B, up 23%.For Q2, Salesforce forecasts revenue of $6.22-6.23B (consensus: $6.16B)...

WORK - ZipRecruiter pops nearly 20% following NYSE direct listing

Job-hunting platform ZipRecruiter (ZIP) popped more than 15% Wednesday on the New York Stock Exchange after launching a direct listing with a $18-a-share reference price.ZipRecruiter opened at $20 a share shortly after noon ET through an NYSE direct listing, up 11.1% from an $18 reference pri...

WORK - ZipRecruiter stock set for Wednesday direct listing on NYSE at $18 reference price

Job-hunting platform ZipRecruiter (ZIP) is set to go public Wednesday via a New York Stock Exchange direct listing that carries an $18-a-share reference price.Certain ZIP shareholders plan to offer the public as many as 86.6M Class A shares, although unlike traditional initial public offering...

WORK - The Earnings Parade Continues With More Than Just Retail

After struggling most of May, markets gather strength to start the final week of month. This will be another big week of retail earnings ahead including Best Buy (NYSE: BBY), Costco (NASDAQ: COST), Nordstrom (NYSE: JWN) and The Gap Inc (NYSE: GPS). Strength in retail sales over the last few...

WORK - Coinbase: 70% Upside, And Why Bitcoin's Fall Is Coinbase's Gain

Analyzing the risk/reward and why shares have fallen. Takeaways from a record-setting quarter and a look to the future. How Bitcoin's recent fall is Coinbase's gain. The recent selloff has created a terrific buying opportunity. For further details see: Coinbase: 70% ...

WORK - Tech Reigns: My Portfolio Nearly Tripled In 2020

Portfolio built in late 2019 around growth companies in emerging tech domains such as telehealth, edge, data, and e-collaboration. Second portfolio review, discussing additions, new positions, investment theses, missed opportunities, and 2021 outlook. At the end of 2020 (i.e. afte...

WORK - The Fundamental Case for Slack Technologies Inc WORK Using a Price Based Model

Traditionally #WallStreet has used #fundamentalanalysis to make #investmentdecisions in #stocks like Slack Technologies Inc (NASDAQ: WORK) but sometimes the most revealing aspect of the fundamental health of a company can be found through an observation of its price action.  Price ...

WORK - Squarespace stock falls on open following NYSE direct listing

Web-hosting firm Squarespace (SQSP) opened below its reference price Wednesday after going public via an eagerly anticipated direct listing that market watchers expected to value the firm at about $10B.SQSP fell to as low as $47.16 after opening shortly after 1 p.m. ET, some 5.7% below a $50 ...

WORK - Top Merger Stocks Held By Fund Managers, Mid-Q2 2021

Form 13F filings show fund managers' top merger arbitrage stocks. Top M&A stocks of the 32 funds I follow. Alexion Pharmaceuticals the top pick. For further details see: Top Merger Stocks Held By Fund Managers, Mid-Q2 2021

WORK - Slack Announces Date of First Quarter Fiscal Year 2022 Financial Results

Slack Technologies, Inc. (NYSE:WORK) today announced that it will report its financial results for the first quarter of fiscal year 2022, ended April 30, 2021, following the close of the U.S. markets on Thursday, June 3, 2021. About Slack Slack has transformed business communica...

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