Slack loss forecast bigger than expected, shares plunge

T-Mobile US workers worry Sprint deal will mean job losses
September 4, 2019
Palo Alto forecasts 2020 profit below estimates, shares down 10%
September 4, 2019
This post was originally published on this site

Slack Technologies Inc forecast a bigger-than-expected loss for the third quarter on Wednesday, as the workplace messaging and communication platform invests heavily to attract paid customers and organizations in the face of competition from companies like Microsoft Corp .