https://wccftech.com/zoom-nasdaq-zm-soars-over-13-percent-amid-a-stock-price-target-boost-by-rosenblatt-on-the-eve-of-q1-2021-earnings/

Zoom (NASDAQ:ZM), the company that provides remote conferencing services, has been one of only a handful of enterprises witnessing a boom amid the ongoing coronavirus (COVID-19) pandemic. As an illustration, the company’s stock price has risen by a whopping 163.79 percent year to date even as the benchmark S&P 500 index has tumbled by 5.67 percent in the same timeframe.

However, Zoom became embroiled in a controversy a few weeks back when it emerged that the company’s platform suffered from grave security flaws. In addition to the dubious nature of Zoom’s end-to-end encryption claims, it was found that the platform’s encryption keys were being generated in China, raising privacy-related red flags. Moreover, over 500,000 Zoom account credentials were then allegedly leaked over the dark web and hacker forums.