A little more than two weeks ago, Slack had a $1.9 billion valuation.
But today, it’s at $8.5 billion, up nearly 70 percent from last year.
Slack has been growing at a remarkable rate since its initial public offering back in January.
Now, Slack is up almost 30 percent since the start of the year.
But it still has more than a year to go until it’s a billion-dollar company.
Slack is also one of the best stocks for people looking to diversify their investments in tech.
Its $1 billion valuation is one of its highest, and it’s one of only a few companies on this list with a higher valuation than Slack.
You’ll want to check out the top 10 stocks that are up by an even larger amount in the next few days, but don’t forget to keep your eyes open for the next update to our Slack stock index, which will update on a daily basis.
Slack has a lot going for it, but it’s still a long way from becoming a billion dollar company.
The company’s $8 billion valuation comes from its $10 billion valuation when it went public in January 2017, and a whopping $16 billion valuation as of December 31.
If Slack can achieve that kind of valuation, it will be the first tech company ever to break the $10-billion mark.
It’s a great indicator of how the stock market is doing.