INSUBCONTINENT EXCLUSIVE:
But people are talking about Slack all over Twitter, so let me catch us both up.All the ruckus concerning Slack and its publicly traded
stock appeared to kick off with a Business Insider story, which had the following headline:Slack just scored its biggest customer deal ever,
as IBM moves all 350,000 of its employees to the chat appGiven the context of the simmering Slack versus Teams battle, having Slack win what
appeared to be a huge, new contract was big news
news.This led to general chaos, with everyone trying to figure out what had happened
Halting a stock, to be clear, is a big deal, and instantly brings attention to the company in question
of Slack sold.The company itself put a final bit of ironmongery in the human plasticware, saying the following in the filing to tamp down
Slack is not updating its financial guidance for the fourth quarter of the fiscal year ended January 31, 2020 or for the fiscal year ended
up being not what we thought.When Slack finally did begin to float in after-hours trading, it quickly gave back about half of its gains
Slack shares are currently worth $24.56 in after-hours trading
They started the day worth around $23, and traded as high as the mid $27s.Now you know.
