Topics Trending in the Stock Market on June, 21

The price of oil is rising on Friday as tensions continue to escalate between the U.S. and Iran. Donald Trump ordered military strikes on Iran before changing his mind, according to the New York Times. It follows the downing of a U.S. drone by Iranian forces on Thursday.

Slack’s direct listing landed in the ranks of the top-performing public debuts on record, by at least one measure. The opening trade size for ‘WORK’ shares totaled $1.75 billion on Thursday afternoon. The stock’s opening price was $38.50 at the opening volume of 45.5 million shares.

Canadian pot producer Canopy Growth Corp. reported a more than four-fold jump in quarterly revenue, benefiting from higher sales following Canada’s legalization of recreational cannabis.

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