Slack stock surges at debut, values company at more than $25 billion
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NEW YORK (Reuters) - Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on Thursday, valuing the company at more than $25 billion (£19.7 billion).The strong performance helped validate the unusual direct listing model the company used to go public. The stock soared to more than $41 at midday on Thursday from the New York Stock Exchange's reference price of $26 apiece. Slack went the unusual route of..