Shares of Slack Technologies (NYSE: WORK) tumbled 13.9% on Wednesday, following the release of its second-quarter financial results. "One of the drivers of this acceleration was Slack Connect, which offers seamless, secure inter-company collaboration that we believe is light years ahead of email," CEO Stewart Butterfield said in a press release. Despite posting solid increases in revenue and customers, Slack's stock price fell sharply on Wednesday. Read More...
Why Slack Stock Plunged Today
Shares of Slack Technologies (NYSE: WORK) tumbled 13.9% on Wednesday, following the release of its second-quarter financial results. “One of the drivers of this acceleration was Slack Connect, which offers seamless, secure inter-company collaboration that we believe is light years ahead of email,” CEO Stewart Butterfield said in a press release. Despite posting solid increases in revenue and customers, Slack’s stock price fell sharply on Wednesday.
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