June 21 - 11:06
Shares in Slack surge to $39 in first day of trading on NYSE
Shares in the messaging and collaborative working platform Slack surged during the company's first day on the New York Stock Exchange. Shares began at a guide price of $25 a share, but jumped by 60% during trading, finishing the day at $39, taking the value of the business to somewhere in the region of $25 billion. Slack is the second big tech firm to opt for a direct listing, following Spotify.
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