Understanding the Slack Stock Symbol and Its Performance

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Slack's stock symbol is NYSE: WORK. This is the ticker symbol used to represent the company on the New York Stock Exchange.

Slack's stock was first publicly traded in 2019. It was listed on the New York Stock Exchange under the ticker symbol WORK.

The stock symbol NYSE: WORK is easily identifiable, making it simple for investors to track the company's performance.

Related reading: New Relic Stock Symbol

Analysts' Insights

Slack Technologies, Inc. has received various recommendations from analysts over the years.

Morgan Stanley upgraded Slack Technologies to Overweight from Equal-Weight in May 2019, with a price target kept at $270.

DA Davidson adjusted Slack Technologies' price target to $40 from $46 in March 2021, maintaining a Neutral rating.

Morgan Stanley upgraded Slack Technologies to Equal-Weight from Underweight in December 2020, adjusting the price target to $44 from $27.

Wedbush lifted Slack Technologies to Neutral from Underperform in December 2020, setting a price target of $45 from $20 on the acquisition by Salesforce.

Stephens downgraded Slack Technologies to Equal-Weight from Overweight in December 2020.

Here is a summary of the analysts' recommendations:

Company Updates

Credit: youtube.com, What I did with my Slack stock?

Slack's stock symbol is WORK, and it's listed on the New York Stock Exchange (NYSE).

The company went public in June 2019, raising $427 million through its initial public offering (IPO).

Slack's revenue grew from $143 million in 2018 to $435 million in 2020, a 204% increase.

Slack's valuation reached $20.5 billion at the time of its IPO.

Curious to learn more? Check out: Public Sq Stock Symbol

Frequently Asked Questions

Can you still buy Slack stock?

No, you can no longer buy Slack stock directly, as former Slack shareholders received Salesforce stock in exchange. However, you can still invest in Salesforce, the parent company of Slack.

Alan Donnelly

Writer

Alan Donnelly is a seasoned writer with a unique voice and perspective. With a keen interest in finance and economics, Alan has established himself as a go-to expert in the field of derivatives, particularly in the realm of interest rate derivatives. Through his in-depth research and analysis, Alan has crafted engaging articles that break down complex financial concepts into accessible and informative content.

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