![]() ![]() In addition to this, Slack’s investors will receive 0.0776 shares of common stock in Salesforce. Chief Financial Officer Allen Shim said the lower-than-expected revenue guidance for. As part of the deal, Salesforce will pay to shareholders of Slack 26.79 per unit in cash. Now while the market sentiment has turned bearish, simply on the NEWS that Salesforce MIGHT buy Slack (I mean, talk about speculation, right?) this doesn’t mean that the company’s value and growth potential has just magically disappeared. For now, Slack is subject to the forces wreaking havoc across the economy. The majority of investors turned their CRM position to either bearish or neutral on Monday. So basically Salesforce is the equivalent of an Amazon shopaholic on Black Friday. Over its 21-year history, Salesforce has bought over 60 companies. Microsoft How Microsoft crushed Slack / And why the era of worker-centered work tools may be over By Casey Newton, a contributing editor who has been writing about tech for over 10 years. Investors then dumped their salesforce stock on the possibility of another pricey acquisition. As with Slacks approach to enterprise software, its stock market debut was. Now that it has a new suiter lining up asking to put a ring on it, of course, Slack’s stock price skyrocketed because this is America, and people like popular things and most investors jump on the hype. We may earn a commission from links on this page. ![]() ![]() Slack is the office messaging app that rules your life. Salesforce is a cloud software company obsessed with Customer relationship management (CRM). Now the question is, should you buy Salesforce stock? Or should you buy Slack stock? Or should you sell them? Or should you just stay away from the whole thing until the hype goes away? Salesforce is in advanced talks to buy Slack and as a result of the news, stock, CRM, dropped, while Slack stock, WORK, skyrocketed. What to do now?□ Free Investing Training Today: □ See if you qualify to join the PIG□□ Salesforce stock (CRM) drops, while Slack stock (WORK) skyrockets on the acquisition news. ![]()
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