Among many hotly anticipated IPOs of tech unicorns in 2019, Zoom Video Communications's listing has set itself apart from the rest. After listing at $36, its shares have continuously soared to $74.5, more doubling in about 3 weeks. In contrast, Lyft's stock has famously sank -17% since its listing. In the midst of all this, Slack's upcoming public listing has been generating a lot of buzz, given that it is an even better known startup than Zoom within the enterprise software industry. But will Slack's listing be similarly successful as Zoom's? We dug into Slack's financial filings to assess its stock's prospects.
Tech Unicorn IPOs in 2019 Similar Growth Dynamics of Slack & ZoomIndeed at first look, Slack as a company boasts some very characteristics that are reminiscent of those of Zoom's. Both companies have grown rapidly on the back of their free-to-use, user-friendly business apps
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