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Slack prices IPO at $26 per share


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Posted
3 minutes ago, Spartan said:

reverse cheyi a stmt ni.char marchu.

@3$%@3$%

Posted
28 minutes ago, Spartan said:

Slack’s public debut is happening Thursday on the NYSE and the company has set a reference price of $26 per share for its direct listing, according to WSJ, which would value the company at around $15.7 billion.

The company’s stock is expected to pop at open, according to the WSJ’s sources. Slack is pursuing a direct listing, eschewing the typical IPO process in favor of putting its current stock on to the NYSE without doing an additional raise or bringing on underwriter banking partners.

This isn’t a first for the technology industry, as Spotify did the same thing about this time last year, but it is still an outlier in terms of common practice for startups looking to the public markets for their liquidity event.

Slack, launched in 2013 by Flickr co-founder Stewart Butterfield, was initially built as a side project to support team communication for Butterfield’s game company Tiny Speck. In the intervening years, it has risen to become one of the most recognized enterprise communication tools currently available.

Update: Slack’s pricing and symbol, ‘WORK’ are now officially confirmed.

*=:

Posted
1 minute ago, Kernel said:

Sittuncle SHOP susinava..

SHOP lo mamulaga gucchukoledu. ammakunda vunte saripoyedi

Posted
4 hours ago, Spartan said:

poddune konesi..dump by closing time...

its definitely gonna pick up blast...

advantage is..it is available for every one ...not private stocks to hedge funds etc...

go for it.

How to buy using the exchange bro like etrade for example.

It says prices as 0 in etrade.

Posted
4 hours ago, Spartan said:

poddune konesi..dump by closing time...

its definitely gonna pick up blast...

advantage is..it is available for every one ...not private stocks to hedge funds etc...

go for it.

Max 35 varaku tarvata it will fall to <20

Posted

$26 per share puts its valuation to 16Billion anta. over priced stock. naaku telisi around 20 ki close avuthundi

Posted
5 hours ago, Spartan said:

poddune konesi..dump by closing time...

its definitely gonna pick up blast...

advantage is..it is available for every one ...not private stocks to hedge funds etc...

go for it.

robinhood lo vuntunda? eppudu available avatadi idhi kontaniki?

Posted
37 minutes ago, jua_java said:

robinhood lo vuntunda? eppudu available avatadi idhi kontaniki?

ltt

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