Slack Technologies Inc. Class A (NYSE:WORK) traded today at a new 52-week high of $45.40. Approximately 11.6 million shares have changed hands today, as compared to an average 30-day volume of 5.8 million shares.
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.
In the past 52 weeks, Slack Technologies Inc. Class A share prices are bracketed by a low of $24.09 and a high of $45.40 and is now at $45.40, 88% above that low price.
Slack Technologies Inc. Class A (NYSE:WORK) has potential upside of 16.4% based on a current price of $45.40 and analysts’ consensus price target of $52.83.
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