Slack Loses $8M In Sales, Stocks Plunge After Service Was Down For 2 Hours During Last Quarter
LOS ANGELES (CBSLA) — In its first earnings report since going public in June, shares of workplace messaging platform Slack took a plunge.
As Business Insider reports, Slack missed out on $8 million after service went down for two hours within 92 days.
The company had to award $8.2 million worth of credits to users after it fell short of its 99.99% commitment during the outage.
