Slack’s unusual direct listing pegged at $26 per share by NYSE for a possible $15.7 billion valuation

The New York Stock Exchange has set a reference price of $26 for Slack in its upcoming direct listing.
Slack is expected to start trading Thursday on the NYSE under the ticker "WORK."
Slack has relied on internal data based on secondary markets to gauge its valuation, a person familiar told Business Insider. The average trade was valued at $26.82.The New York Stock Exchange has set a reference price of $26 per share for Slack, as the company prepares to start trading publicly in a direct listing