Slack Stock Hits Record Highs As Traders Buy The Salesforce Rumor
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 100, which have returned 22% and 59% since Slack’s initial New York Stock Exchange listing....