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September 01, 2020 10:18am
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Renaissance IPO ETF Rallies Amid Slack Acquisition Rumors

Shares of Slack were on fire on Wednesday, surging as much as 32% before tempering gains, after a report from analysts that Salesforce was in discussions to purchase the company. While Salesforce stock dropped around 4% on the news, the Renaissance IPO ETF (IPO), which holds a significant position...
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