By Corey Mann Slack stock was one of the more volatile stocks of 2019. This is one reason why investors aren’t ready to buy into its recent surge. However, a new IBM report and Slack response is giving the company a lot of upside moving forward.
Business Insider reported that IBM had purchased Slack accounts for all of its 350,000 global employees. This report sent Slack Technologies (NYSE: WORK) stock soaring 15% on the day.
Slack Stock and the Truth Behind the IBM Report
The surge makes for one of the best trading sessions since Slack’s IPO on June 20 of last year. After market closing, …read more