Slack Jolts to $21 Billion Valuation In Direct Listing Debt After Shunning IPO

A parade of initial public offerings from Silicon Valley this year have garnered mixed receptions from investors. Slack Technologies Inc. took a different route on Thursday, and saw its shares soar as it went public without an IPO. Slack opened at $38.50 on the New York Stock Exchange Thursday, well above the reference price of […]