slack stocking slacking

Sep 25, 2019 180 Comments

why is slack stock dropping so much!! I had bought stocks at $37 and now its $22 :(

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 TOP 180 Comments
  • Amazon / Eng
    SmkWdEvyDy

    Go to company page Amazon Eng

     SmkWdEvyDy
    OP: Buys over valued IPO stock
    Over valued stock: Drops in price because it's over valued
    OP: Surprised Pikachu
    Sep 25, 2019 16
    • Credit Karma
      KennethM

      Go to company page Credit Karma

      PRE
      Google
       KennethM
      Makes sense, @CmndrKeen. I forgot to add that, besides being illegal under some circumstances, you may have signed a binding agreement with your employer...

      Doesn’t matter to me though. Stock at Credit Karma is still paper money at this point!
      Sep 26, 2019
    • Marketo / Design
      philip2

      Go to company page Marketo Design

      PRE
      Marketo, Adobe
       philip2
      Glad @CmndrKeen pointed that out... I never got the memo after they bought us out.
      Sep 26, 2019
  • OP
    These start-up companies are plain cheating investors/stock holders by reporting losses right after IPO.
    Sep 25, 2019 11
    • Tesla / Eng
      shotgun1

      Go to company page Tesla Eng

       shotgun1
      To build on what @grx has mentioned, an IPO is a way to raise money for the company. Financial institutions provide guidance on what should be the asking price on opening day. They should set it so that they can maximize returns for the company and yet at the same time not scare off individual investors.

      Some companies do open with a lower IPO price because they are too worried about the perception of stock price going down. Some make the tough call to focus on building capital through IPO for future investments in the company - they usually have the price at the higher level.
      Sep 26, 2019
    • Tesla / Eng
      shotgun1

      Go to company page Tesla Eng

       shotgun1
      If the company's product and processes are good, a better stock price will show up eventually. The time is different for different businesses though. Take FB for instance, they went down initially after IPO and then they grew a lot.

      Also I would recommend reading The Intelligent Investor by Benjamin Graham. Focus on being a passive investor rather than a speculative one
      Sep 26, 2019
  • Microsoft Teams. End thread
    Sep 25, 2019 9
    • Spotify
      Atinlay3

      Go to company page Spotify

      Atinlay3
      One thing that Microsoft _really_ knows how to do is doing things at scale.
      Sep 27, 2019
    • It’s funny that you mention Outlook because there are a lot of customers that get Office 365 specifically because they *want* Outlook. The outlook/exchange combo is light years ahead of gsuite as is Word/Excel/PowerPoint.
      Sep 30, 2019
  • OP
    There are many startups who are just surviving to IPO and then bail !!
    Sep 25, 2019 3
  • Oracle
    not_larry

    Go to company page Oracle

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    Amazon
     not_larry
    Still have time to get out.
    Sep 25, 2019 1