Slack Technologies Inc. Class A (NYSE:WORK) traded at a new 52-week high today of $45.22. Approximately 12.7 million shares have changed hands today, as compared to an average 30-day volume of 5 million shares.
Potential upside of 17.2% exists for Slack Technologies Inc. Class A, based on a current level of $45.09 and analysts’ average consensus price target of $52.83.
Over the past year, Slack Technologies Inc. Class A has traded in a range of $24.09 to $45.22 and is now at $45.09, 87% above that low.
Slack Technologies operates Slack, a software-as-a-service platform that brings together people, applications, and data. The platform is appropriate for all business types, from small and medium-size businesses to enterprise customers. The company was founded in 2009 as a game developer but later changed its focus and released its internally developed toolset, Slack, in 2013. It is headquartered in San Francisco.
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