Given the acquisition, discussing Slack's potential stock performance going forward is largely academic - the acquisition is likely to go through and Slack's stock is effectively in a holding pattern at this point. On the other hand, saw a spike in price earlier in 2020 - with the stock seeing a gradual consolidation thereafter: That said, the big jump in price that we saw at the end of 2020 was in large part due to the confirmation of a $27.7 billion deal by ( CRM ) to buy Slack. Slack Technologies ( NYSE: WORK) is one of those technology companies that has benefited significantly from the shift to remote work during COVID-19.
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