Tuesday, 1 December 2020
Slack stock closed at a fresh all-time high on Monday as traders continued to buy ahead of cloud kingpin Salesforce‘s rumored acquisition. Wind of the deal has now boosted Slack‘s share price more than 45% in just three days of trade. Slack stock even set a new record intraday high of $43.69 early Tuesday morning; in the green over 90% year-to-date, but only up roughly 12% since its IPO in June 2019. Its previous intraday and closing records were $42 (June 20, 2019) and $40.70 (November 25, 2020). That’s far behind benchmark indices like the S&P 500 and the NASDAQ…
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