Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Slack Stock a Buy?


With the coronavirus driving organizations to adopt work-from-home arrangements, the expectations heading into Slack's (NYSE: WORK) fiscal second-quarter earnings report on Sept. 8 were high. Adding to the pressure, video chat phenom Zoom Video Communications reported jaw-dropping revenue growth in its earnings announcement just eight days earlier. Even though the team collaboration platform beat its own top-line guidance, the stock pulled back as analysts cut their one-year price targets based on what they viewed as a disappointing quarter.

WORK Chart

Data by YCharts.

Continue reading


Source Fool.com

Like: 0
Share

Comments