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Investment Thesis Slack ( WORK ) has a lot of potential. Nobody, least of all me, is contending otherwise. What I'm passionately questioning is just how much upside are investors likely to get from investing in this enterprise at $12 billion? When the facts show us that we may have made a ...
For companies like Slack (NYSE: WORK) whose businesses are centered around an app, the number of users that have the app installed and that regularly use it are some of the key ways that success is measured. Slack is facing significant competition from Microsoft ...
As The Rally Continues, The Perceived Laggards Should Pick Up too Yesterday morning, I had the notion that it might make sense now to look for names that may have been poorly treated by the market. By poorly treated I mean stocks that the market had misread their earnings and under a bit m...
Slack (NYSE: WORK) was one of the many highly-anticipated IPOs in 2019, and like several of its peers making their debut on the stock market, the company hasn't performed nearly as well as expected. Slack's shares surged to $42 (up from its initial offering price of $26) during its first da...
This Rally Has Legs, Ride Your Winners As I begin to write at 5 am, I see the futures slowly moving back to even. Let's think about what happened yesterday for a moment. Basically, Reuters confirmed what has been the general chatter. Phase 1 is in trouble; China thinks it has "hand" becaus...
Wall Street is well-known for its focus on the short term -- when the market values a stock, it's often only looking only as far ahead as the next quarter. Such myopia means that companies facing temporary headwinds can be hit with sharp share price declines even though they still have lots of p...
Slack (NYSE: WORK ) is rebounding a bit from yesterday's decline, up 2.6% with support via a reaction from bullish William Blair. More news on: Slack Technologies, Inc., Tech stocks news, Stocks on the move, Read more ...
Shares of Slack Technologies (NYSE: WORK) showed a lot of potential when the company first went public earlier this year, but have since failed to live up to that early promise. The stock soared on its first day of trading back on June 20 but has continued to drift downward in the months s...
Slack (NYSE: WORK) CEO Stewart Butterfield keeps telling investors not to worry about the competitive threat that Microsoft (NASDAQ: MSFT) poses, but those messages seem to be falling on deaf ears. Slack shares sold off yesterday on news that Microsoft Teams had hit 20 million dai...
Stocks once again proved their resiliency on Tuesday, as major benchmarks found their way off their lows to recover significantly by the end of the session. In the absence of any major developments on key issues like trade, impeachment, and global macroeconomic conditions, investors seemed conte...
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Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...