You’ve been busy. I’ve been busy. But people are talking about Slack all over Twitter, so let me catch us both up.
All the ruckus concerning Slack and its publicly traded stock appeared to kick off with a Business Insider story, which had the following headline:
Slack just scored its biggest customer deal ever, as IBM moves all 350,000 of its employees to the chat app
Given the context of the simmering Slack versus Teams battle, having Slack win what appeared to be a huge, new contract was big news. Slack’s shares shot higher, and the news engendered all sorts of headlines that now look a bit silly.
Slack may survive after all, after IBM choose [sic] them as exclusive supplier for 350,000 employees
Slack shares traded up sharply all day. They were worth 15.4% more than yesterday, and then, all of a sudden this fine afternoon, trading of Slack’s equity was halted, pending news.