![]() ![]() WORK Price Action: Shares of Slack Technologies closed Tuesday at $45.20, slightly above the level it's been trading at since December. The trade represented a $27.31 million bullish bet. At 1:12 p.m., a trader executed a block trade of 600,000 Slack Technologies shares at $45.529 per piece.The trade represented a $45.55 million bullish bet. ![]() The add-ins aren’t necessary to use Slack, though, because the main functionality is all about talking to other people. This means Slack is an instant messaging system with lots of add-ins for other workplace tools. At 12:54 p.m., a trader executed a block trade above ask of 1 million Slack Technologies shares at $45.55 per piece. What is Slack Slack is a workplace communication tool, a single place for messaging, tools and files.The trade represented a $34.01 million bullish bet. At 11:02 a.m., a trader executed a block trade above ask of 750,000 Slack Technologies shares at $45.35 per piece.The trade represented a $34.05 million bullish bet. At 10:48 a.m., a trader executed a block trade above ask of 750,000 Slack Technologies shares at $45.40 per piece.The Slack Technologies Trades: Below is a look at the notable alerts, courtesy of Benzinga Pro: These types of purchase orders are made by institutions purchasing a large number of a security and retail investors can find watching for block trades useful because it indicates “smart money” has entered into a position.
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