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Slack non-IPO is worth buying under only 1 of these 3 scenarios

David Trainer
Slack non-IPO is worth buying under only 1 of these 3 scenarios

Slack Technologies (WORK) plans to go public on Thursday through a direct listing. This unconventional process — similarly utilized by Spotify Technology (SPOT) last year — means Slack’s shares begin trading without raising any new capital for the company. With so much volatility in private markets and limited analyst coverage prior to trading, it can be difficult for investors to determine a fair value for the stock.