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Slack 's (NYSE: WORK) third-quarter results didn't disappoint. The company's revenue growth accelerated to a growth rate of 60% (up from 58% in Q1). The collaborative communication-software specialist's non- GAAP (adjusted) loss per share was also better than expected. In resp...
Jobs A Poppin' No one expected this outside number. Most were taking into account the below trend ADP number produced on Wednesday of only 67,000. Instead, we get eye-watering numbers that MUST be paired with an exclamation point: November Jobs 266K! (with 255K in the private sector), Manu...
Despite disappointing guidance , Slack Technologies ( WORK ) rallied back on the day following earnings. The stock still trades near the lows following a hot IPO earlier this year as the market originally priced the collaboration service at irrational levels. The bounce places the stock in ...
User metrics are undeniably important for tech platforms , but Slack (NYSE: WORK) investors have arguably been focusing too much on those figures in recent months. Slack shares tanked in November when key rival Microsoft (NASDAQ: MSFT) said its competing Teams app had garnere...
Enterprise collaboration platform Slack (NYSE: WORK) reported fiscal third-quarter earnings results earlier this week, and investors aren't quite sure what to make of the figures. Shares initially sold off in extended trading before recovering the next day. Many of Slack's most importan...
Everyone Knows Alibaba ( BABA ) is the Amazon of China The bull case for BABA is well-known; it is a colossal eCommerce and a technology player with its hands in many businesses just like Amazon ( AMZN ). The difference is that it has mainland China all to itself. With 1.5 billion Chinese ...
The stock market hasn't been kind to Slack Technologies (NYSE: WORK) since its public debut in June. The much-hyped workplace collaboration software specialist had a great opening day , but the stock has plunged nearly 44% in the months since. What's driving the decline? Primarily, fears of...
Baird (Outperform) cuts its Slack (NYSE: WORK ) target from $37 to $31, citing SaaS multiple contraction. The firm notes that WORK didn't raise the FY revenue guidance in yesterday's earnings report as much as some expected, but says this could be conservatism. M...
Collaborative communication software company Slack (NYSE: WORK) put up some impressive numbers in its third quarter, which was released after market close on Wednesday. The company's top-line growth accelerated as revenue soared 60% year over year. In addition, Slack's non-GAAP loss p...
Investment Thesis Slack ( WORK ) came out with beats along the way, but notwithstanding much oscillation in the share price after hours, investors' reaction ultimately remained substantially unchanged. Yes, there were beats. Yes, the company reaffirms its trajectory. But an overpriced stoc...
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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...