is set to make its trading debut Thursday on the New York Stock Exchange at a valuation of about $15.7 billion, the second major company to go public through a so-called direct listing. Slack IPO Reference Price Set at $26 a ShareSlack Technologies Inc. Sinclair opens up about gender equity, multiple sclerosis and more. Soccer’s silent superstar Christine Sinclair opens up - My New Favorite FutbolistaĬanada’s Christine Sinclair, soccer’s all-time international goal scoring leader, has always let her stellar play do the talking for her.until now. My interest was piqued, so I clicked on the Icon Swim tag and spiraled down a rabbit hole leading to an online emporium of suits that were meant to go viral.įailed to load news. Poured into a one-shouldered animal-printed one-piece from the brand, with the leg cut high and a plunging neckline slashed down her chest, the comely Woods sat perched on a windowsill in some far-flung locale. As a recent thirst trap showed, she’s become an ambassador of up-and-coming swimwear brand Icon Swim. I bought the one-piece based on the recommendation of an Instagram influencer: Jordyn Woods, the former Kardashian insider who’s been developing an empire of her own since her well-documented falling-out with the family. The shipping fees totaled more than the bathing suit in question. Photo: Courtesy of the author A few weeks ago, I ordered a $26 bathing suit to be express-delivered to my Miami hotel room - a move both highly economical and frivolous. Slack’s stock is expected to open significantly higher than this reference price, these people author in her Icon Swim monokini. Landing on an opening price seemed difficult in the Spotify listing, as shares did not begin trading till after midday, much later than typical for a company debuting after an IPO.The valuation is based on a reference price of $26 set Wednesday, according to people familiar with the offering. For example, when Spotify Technology SA SPOT, +1.56% entered the public markets through a direct listing, a reference price of $132 was set, but the stock opened at $165.90. Instead, a reference price is set for a direct listing, based on private placements and other factors, but the trading price can still be different. Slack is listing its shares directly instead of performing an initial public offering, in which shares are priced for sale. WORK, +0.00% shares will have a reference price of $26, and are expected to begin trading Thursday morning on the exchange. shares will have a reference price of $26, and are expected to begin trading Thursday morning on the exchange. Julia La Roche is a correspondent for Yahoo Finance. Shares of Salesforce are up 7.9% year-to-date. Shares of Salesforce were last trading up 0.14%, or 34 cents, near $240.45 in the pre-market. Every business-in every industry-has to optimize for a digital-first customer, employee, and partner experience," the company said in its announcement. "Headquarters are no longer on Madison Avenue or Main Street-they are in the cloud. Last week, the Department of Justice told the company it closed its antitrust investigation of the deal, giving the green light for the transaction's close.Īs companies debate the future of work post-COVID, Salesforce said companies learned last year that "if you don't have a digital way to connect with your employees, customers, and partners, you don't have much of a chance of surviving." In December, Salesforce signed a definitive agreement to acquire the popular messaging software platform Slack Technologies in a cash and stock deal worth $27.7 billion, making it Salesforce's largest-ever acquisition. I could not be more excited for what's to come," Butterfield added. "Salesforce and Slack are uniquely positioned to lead this historic shift to a digital-first world. Slack's co-founder and CEO Stewart Butterfield, who will continue to lead the company, called the deal "a once-in-a-generation opportunity to rethink and reshape how and where we work."
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