slack stock price is down by 20% whereas every index and tech stocks moved up by 20% in this period. is something wrong going on with slack. path to bankruptcy ? TC 155k #investments #slack #microsoft #teamsoftware #stock
They need to reduce their expenses and hope that amazon partnership comes to something.
MS Teams is gaining a lot in large enterprise companies like mine.
I wonder the same thing. I like slack a lot more than teams and most places I’ve been seem to use slack
My 9/18 call options got so destroyed
I still don't get it why is there so much hype for a company whose only product is a chat app. Don't get me wrong, I like using slack. These things come and go. Yahoo, Skype, Hipchat, .... and soon slack will be on the list, and all of us will move on to the next shiny app. It would be worth investing in the company if they diversify or the product is revolutionary. None of it is right for slack.
I had 200+ stocks bought at $39/- and i never recovered my money.. i sold around 100 stocks at $30 with loss. i was hoping if it bounces little bit around 35 i will sell everything... Slack really needs to show that there is the demand for its product.. BTW, Zoom is just video call product and you know the story.. Slack time hasnt come yet.. i wish Amazon buys it so it gets some uplift
I too got them at $39, it was the highest price and I never recovered, still holding on to it. There goes my $10K in drain
I too got stuck with 14k down.. every time I tried to average down, it kept going into drain
From what I understand slack is a much better integration engine than teams. “Natural workspaces” are only as valuable as what they can integrate into.
Because I invested in it instead of literally any other stock which would have made money
bro, welcome to the club. same with vmw. it stays flat when everyone is rising, but it follows the market when everyone is sinking. fml
Yes bankrupt by 2021
Probably it has lost the battle with Teams though there is huge market to cover where Teams is not used..
Lol. We are sitting on piles of cash that even if we did nothing would last much longer than a year.