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Slack Jolts to $21 Billion Valuation In Direct Listing Debut After Shunning IPO
A parade of initial public offerings from Silicon Valley this year have garnered mixed receptions from investors. Slack Technologies Inc. took a different route on Thursday...
16 seconds ago - Fortune - 4 articles
Daily Crunch: Slack makes its Wall Street debut
The Daily Crunch is TechCrunch's roundup of our biggest and most important stories. If you'd like to get this delivered to your inbox every day at around 9am Pacific, you can...
26 minutes ago - Tech Crunch
A brief timeline of how Slack took over the modern workplace in 8 years
Today, Slack Technologies debuts on the NYSE. So how did it get here? Today, Slack Technologies is poised to finally enter the public market. The workplace-productivity startup...
30 minutes ago - Fast Company - 3 articles
Slack opens at $38.50, a pop of 48% on its first day of trading on NYSE as WORK
Slack , the workplace messaging platform that has helped define a key category of enterprise IT, made its debut as a public company today with a pop. Trading as “WORK” on the...
58 minutes ago - Tech Crunch - 3 articles
The incredible story behind Slack, the app that's taken over offices everywhere
Slack is expected to go public today with a direct listing , rather than a traditional IPO . On the New York Stock Exchange , Slack could have a $15.7 billion valuation...
1 hour ago - Business Insider - 10 articles
Meet Bernard and Lisa Selz, the wealthy New York City couple who has donated millions to the anti-vax movement
Hedge-fund manager Bernard Selz and his wife Lisa have donated millions to leading anti-vaccination organizations, The Washington Post reported. Their donations were used to...
2 hours ago - Business Insider - 2 articles
US stocks are on pace for a record day after early surge
NEW YORK - An early surge on the stock market Thursday put the S&P 500 index on track for another record high and erased the market's losses from a brutal sell-off in May. The...
2 hours ago - Chron - 4 articles
Markets Right Now: Stocks gain, approaching another record
NEW YORK - The latest on developments in financial markets : 9:35 a.m. Stocks are opening broadly higher on Wall Street, erasing the market's losses from May and setting the...
3 hours ago - Chron - 2 articles
Slack is set to make an unorthodox public debut as the latest money-losing tech company to hit the market
Slack is expected to debut Thursday on the New York Stock Exchange under the ticker "WORK" after the exchange set a reference point of $26 per share. The company is expected to...
3 hours ago - Business Insider - 10 articles
Slack is set to make an unorthodox public debut as the latest money-losing tech company to hit the market
Slack is expected to debut Thursday on the New York Stock Exchange under the ticker "WORK" after the exchange set a reference point of $26 per share. The company is expected to...
3 hours ago - Business Insider - 10 articles
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Slack is set to make an unorthodox public debut as the latest money-losing...
Slack is expected to debut Thursday on the New York Stock Exchange under the ticker "WORK" after the exchange set a reference point of $26 per share. The company is expected to...
Gold soars to a multi-year high following increased chance of a Fed rate cut
From Eustance Huang and Maggie Fitzgerald : KEY POINTS Spot gold prices surged to levels not seen in more than 5 years. The commodity is currently trading 1.66% higher at...
Slack stock is surging more than 50% on its first day trading in an unusual...
Shares of Slack shot up more than 50% within moments of beginning trading on the public markets Thursday. The workplace chap app listed shares via an unusual direct listing on...
Goldman Sachs lowers its Tesla price target for the 4th time this year and...
David Tamberrino, an analyst at Goldman Sachs, cut his price target for Tesla to $158 on Thursday - 29% below the stock's current price. It's the fourth time this year that the...
Meet Bernard and Lisa Selz, the wealthy New York City couple who has donated...
Hedge-fund manager Bernard Selz and his wife Lisa have donated millions to leading anti-vaccination organizations, The Washington Post reported. Their donations were used to...
Yield on the 10-year treasury dips to lowest level in nearly two years
From Thomas Franck : KEY POINTS The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday - breaching a key...
Slack's unusual offering likely won't have a first-day pop. Here's why most...
Investors and analysts are questioning the value of the traditional initial public offering process and the sharp jump in company shares that typically accompanies it. That...
Philly Fed Mfg "Manufacturing conditions in the region weakened" in June
From the Philly Fed: June 2019 Manufacturing Business Outlook Survey Manufacturing conditions in the region weakened this month, according to firms responding to the June...
The man running a new $100 million venture fund at UnityPoint Health told us...
The health system UnityPoint Health just launched a $100 million venture fund. Matthew Warrens, managing director of innovation at UnityPoint, spoke with Business Insider about...
Oracle is set to open at a record high after spiking on strong earnings
Oracle climbed as much as 7% in pre-market trading on Thursday morning after the firm reported better-than-expected earnings for the fourth quarter. The cloud and database...