On Thursday June 20 Slack placed shares on the New York Stock Exchange under the ticker #WORK.
At the opening of trading session, the price of Slack shares was $38.5 per share and the company's total valuation exceeded $23 billion. This is significantly higher than the company's preliminary valuation of $16 billion.
Slack revenues for 2018 increased by more than 80% to $400 million. In addition, at the end of April Slack raised about $1.2 billion from private investors.
How can you take part in the excitement?
We're excited to share that Admiral Markets is offering Slack shares via our Admiral.Invest account!
As of June 20, 2019, Slack shares have been available for investment to all Admiral Markets clients with Admiral.Invest accounts.
With Admiral.Invest, traders can access thousands of shares and ETFs from 15 of the world's largest stock exchanges, all from MetaTrader 5.
Why invest via Admiral.Invest?
- Open an account with minimum deposits from just €1, and invest from just $0.01 per share with minimum transaction fees of just $1 on US stocks.
- Receive free real-time market data, with no delays, at no extra cost.
- Create a stream of passive income by collecting dividend payouts.
- Use the world-renowned MetaTrader 5 multi-asset class trading platform.
Simply log in to Trader's Room and apply for an Admiral.Invest account to get started.
The value of shares may rise as well as fall due to the volatility of world markets, This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Please note that such trading analysis is not a reliable indicator for any current or future performance, as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks.