The current work-from-home environment hasn’t helped business communications company Slack as much as anticipated, and Wall Street is reacting accordingly. Some analysts said they had been expecting more of a “blowout quarter” from the company, even though Slack was able to add more than 12,000 new customers during the quarter. Rishi Jaluria, D.A. Davidson Institutional Research Analyst, addresses the company’s performance in “Stock shares plunge over 17% after earnings report that suggests the remote work boom hasn’t boosted it as much as Wall Street hoped,” a Business Insider article written by Paayal Zaveri.
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