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Company Close Updates

Slack Technologies Inc. stock outperforms competitors despite losses on the day

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Terrence Horan

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Shares of Slack Technologies Inc. WORK, -0.56% shed 1.22% to $41.30 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, -0.43% rising 0.06% to 34,133.03 and the NASDAQ Composite Index COMP, -0.80% falling 1.88% to 13,633.50. This was the stock's fourth consecutive day of losses. Slack Technologies Inc. closed $3.27 short of its 52-week high ($44.57), which the company reached on February 16th.

Despite its losses, the stock outperformed some of its competitors Tuesday, as Microsoft Corp. MSFT, -1.45% fell 1.62% to $247.79, Adobe Inc. ADBE, -1.36% fell 2.53% to $490.70, and Salesforce.com Inc. CRM, -1.45% fell 2.94% to $217.18.true Trading volume (2.9 M) remained 2.4 million below its 50-day average volume of 5.3 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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