Slack Technologies, Inc. (NYSE: WORK)
Slack Technologies, Inc. (NYSE: WORK) operates a well-known business technology software platform in the United States and internationally. Its platform brings together people, applications and data, as well as sells its offering under a software-as-a-service model.
The move toward more Americans working from home as a result of the Covid-19 pandemic has driven many investors to companies like Slack Technologies. But as one of the leaders in the space, Slack Technologies has a large base – with millions of users – that give the company a significant edge in the marketplace.
In spite of a large selloff last week, the potential exists for significant upside based on the work-from-home trend’s projected long-term growth.