Slack makes debut in New York stock race



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The Slack ad service rose more than 60 percent on the New York Stock Exchange on Thursday, according to CNBC. The first closing of the stock was priced at $ 38.50 after the benchmark price was set at $ 26 per share, the Wall Street Journal writes. The gap is therefore valued at more than $ 23 billion, corresponding to approximately SEK 216 billion.

Like Spotify, Slack chose to make a direct listing, which means that there is no subscription price, but the reference price served as a kind of guide on what the stock can be traded.

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