Why Slack Stock Fell Sharply on Thursday
Shares of Slack (NYSE: WORK) tumbled on Thursday, falling about 15% as of 10 a.m. EDT. The stock's decline followed Slack's inaugural quarterly earnings report, which was released after market close on Wednesday.
Shares of the workplace chat app are likely trading lower due to the company's outlook for its fiscal third-quarter loss per share. Management forecast a wider loss than analysts were expecting.
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Source Fool.com
