The company joined the NASDAQ-100 stock index on April 30, 2020.īeginning in early 2020, Zoom's software usage saw a remarkable global increase after quarantine measures were adopted in response to the COVID-19 pandemic. Zoom stock shot up 14 in after-hours trading to more than 100, and the stock is. Their ZM share price forecasts range from 76.00 to 295.00. While Zoom stock is definitely down long term, a notable event occurred on May 23 after the stock market closed. The company first became profitable in 2019, and completed an initial public offering that year. 31 brokerages have issued twelve-month price objectives for Zoom Video Communications stock. Zoom's revenue growth, and perceived ease-of-use and reliability of its software, resulted in a $1 billion valuation in 2017, making it a "unicorn" company. Zoom video stock rally cools as Google bans video app for employees. However, the stock is currently down 10.11 as of Friday afternoon. ZM stock climbed as high as 6.49 in early morning trading. US cyclical stocks down from highs, use current correction to buy more: Jefferies. (ZOOM.VI) stock quote, history, news and other vital information to help you with your stock trading and investing. Zoom iOS app sends data to Facebook even if you don't have a Facebook account. ZOOM stock was up 25.45 as of Friday afternoon. Read top headlines and breaking news today in India about Zoom on. It provides videotelephony and online chat services through a cloud-based peer-to-peer software platform used for video communications, messaging, voice calls, conference rooms for video meetings, virtual events and contact centers, and offers an open platform allowing third-party developers to build custom applications on its unified communications platform.Įric Yuan, a former Cisco engineer and executive, founded Zoom in 2011, and launched its software in 2013. Find the latest Zoom Video Communications, Inc. is an American communications technology company headquartered in San Jose, California.
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