3 Recent Tech IPOs to Buy Right Now [The Motley Fool]
Slack Technologies, Inc. (WORK)
Last slack technologies, inc. earnings: 3/12 04:15 pm
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Source: The Motley Fool
The initial public offering (IPO) market has ground to a halt over the past month as the novel coronavirus (COVID-9) pandemic has forced several private companies to postpone their public market debuts. But as investors await the next batch of new offerings, now might be a good time to look back at some recent tech IPOs to see how they are doing and whether they have proven resilient throughout the broader market downturn that has dominated the news over the past two months. Here are three recent IPOs worth revisiting.. Slack Technologies: Well-insulated from the current crisisNYSE:WORKImage source: Getty Images.Slack went public via adirect listingdue to concernsMicrosoftHowever, Slack still enjoys a first-mover advantage and is growing at a healthy clip. Its revenue rose 7% to $60. million last year as its total number of paid customers with over $ million in annual recurring revenue jumped by 9%. Slack expects its revenue to rise %-7% in fiscal 0, with a narrower net loss.Slack's b
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