Why Slack's Outlook Disappointed Investors
Popular enterprise collaboration platform Slack (NYSE: WORK) posted its first earnings report as a public company last night, and Wall Street was not impressed. That's despite the fact that the company boosted its full-year forecast, as investors instead worried about intensifying competition and slowing top-line growth. Shares have started to recover from yesterday evening's sell-off during after-hours trading.
Here's what investors need to know.
Image source: Slack.
Source Fool.com
