Shares of Slack Technologies Inc.
inched 0.04% higher to $44.48 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
rising 0.35% to 14,069.42 and the Dow Jones Industrial Average
rising 0.04% to 34,479.60. This was the stock's second consecutive day of gains. Slack Technologies Inc. closed $0.19 short of its 52-week high ($44.67), which the company achieved on June 8th.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp.
rose 0.25% to $257.89, Adobe Inc.
rose 1.07% to $541.26, and Salesforce.com Inc.
rose 0.05% to $240.31. Trading volume (3.2 M) remained 984,746 below its 50-day average volume of 4.2 M.