Work slack stock price9/17/2023 ![]() simply replaced them with new options with a lower exercise price7 Given the. It provides engineering, sales, marketing, IT, project management and human resources solutions. For example, a recent study found that when stock options granted to top. Slack Technologies stock price (NYSE: WORK) Use our graph to track the performance of WORK stocks over time. develops and publishes real-time collaboration applications and platforms. and Slack Technologies wasn't one of them! That's right - they think these 10 stocks are even better buys. You can watch WORK and buy and sell other stock and options commission-free on Robinhood. Its last close price was 44.47, which is 36.05 up on its pre-crash value of 28.44 and 194.50 up on the lowest point reached during the March crash when the shares fell as low as 15.10. The successful prediction of Slack Technologies future price could yield a. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*ĭavid and Tom just revealed what they believe are the ten best stocks for investors to buy right now. Slack Technologies stock price prediction is an act of determining the future value of Slack Technologies shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Microsoft Teams has emerged as Slack's primary competitor.ġ0 stocks we like better than Slack Technologies If Salesforce is indeed planning to fund half the acquisition with cash, it may need to arrange some form of debt financing since it finished last quarter with $9.3 billion in cash on hand.īuying Slack would intensify Salesforce's competition with Microsoft, which offers a rival Dynamics 365 customer relationship management (CRM) platform. Slack's market cap before the first rumors emerged was around $16.9 billion. It's possible that the companies have already agreed on a price based on Slack's valuation prior to the speculation, which has increased its market cap significantly. ![]() Salesforce is a very acquisitive tech company and often likes to structure its larger deals with stock (Tableau was an all-stock transaction). That current valuation would make a Slack acquisition Salesforce's largest to date, topping the 2019 purchase of Tableau for $15.7 billion. The swirling speculation has pushed Slack's market cap up to approximately $24.2 billion.
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