Article 4HKXR Slack's Direct Listing Makes Uber and Lyft Look Like Absolute Chumps

Slack's Direct Listing Makes Uber and Lyft Look Like Absolute Chumps

by
Bryan Menegus
from Gizmodo on (#4HKXR)
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In its first day on the New York Stock Exchange, workplace messaging company Slack leapt over 50-percent above its reference price of $26 per share despite employing an unusual, less costly strategy to debut on the market. The past few hours of trading have sent Slack's total value soaring to $23.1 billion, while"

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