Slack Tech Stock Listing on NYSE

Slack stock IPO NYSE

Slack Technologies Inc., which offers a workplace collaboration platform, is going public tomorrow. Instead of an IPO, it is going public through a Direct Public Offering (DPO) following the footsteps of Spotify and others.

Here is some information about Slack.

slack stock logo

Quick Facts

  • Going public on June 20, 2019 on New York Stock Exchange (NYSE)
  • Stock ticker symbol: “WORK”
  • Structured as a direct public offering (DPO)
  • Offering price is determined by the market instead of investment bankers


  • 10 million daily active users
  • 85,000 paid customers
  • 65 of the Fortune 100 companies use the Slack platform
  • Over 150 countries have daily active users in Slack

Financial Highlights

  • Revenue of $400.6 million in the year ending January 31, 2019
  • Revenue up by 82% from prior year
  • Lost $140.7 million last year
  • Valuation by investors at $16 billion to $17 billion, according to Fortune


How to Buy or Sell Slack Stocks in Australia?

Access Slack Shares from US$10

Explore More Markets




Important Notice and Disclaimer
This communication (“Communication”) is from one of Phillip Capital Limited AFSL 246827, Phillip Capital Trading Pty Ltd AFSL 246796 or Phillip Asset Management Limited (AFSL 246848) (together “PhillipCapital”).

This Communication and its information is not an offer, solicitation or specific recommendation with respect to the purchase or sale of any securities, nor is it circulated to invite offers to purchase any securities. The information in this Communication is for your general information only. The information in this Communication does not take into account the particular investment objectives, financial situation or needs of any person. Before acting on the information in this Communication, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice.

In the event this Communication or the information in this Communication refers to securities in one or more legal entities, PhillipCapital and its associates may hold securities in those legal entities.

PhillipCapital does not represent that the information contained in this Communication is accurate, complete or up to date and it should not be relied upon as such. The information in this Communication is subject to change without notice. No warranties of accuracy, reliability or completeness are given (except insofar as liability under any statute cannot be excluded) in respect of the information in this Communication. PhillipCapital, its directors, employees, representatives and agents do not accept any liability (including, without limitation, any liability arising from fault or negligence on the part of any of them) for any loss whatsoever arising from any reliance on or use of the information in this Communication or otherwise arising in connection with it.

This Communication and the information within this Communication is not intended for retail investors outside of Australia and must not be distributed to retail investors outside of Australia. This Communication is not intended for and may not be distributed in the United States.

The information in this Communication has been provided to you for personal use only and must not be reproduced, distributed or published by you in whole or in part, for any purpose. If you have received this Communication by mistake, please delete or destroy it, and notify PhillipCapital immediately.