Zoom begins its first day of trading at $65, surging 80%

Zoom begins its first day of trading at $65, surging 80%

5 years ago
Anonymous $9jpehmcKty

https://www.cnbc.com/2019/04/18/zoom-ipo-stock-begins-trading-on-nasdaq.html

Videoconferencing software company Zoom made its debut on the Nasdaq on Thursday under the ticker symbol "ZM," and surged 80 percent to $65.

The initial pop gives Zoom a stock market value of $16.7 billion. Zoom is among a growing crop of tech companies going public in 2019, but with a twist: It's profitable.