Authors may own the stocks they discuss. By using this site you agree to the Tens of millions of Americans are working from home and many will never go back; employers scramble to figure out what tools they’ll need to stay productive.Microsoft is facing an antitrust complaint in the European Union over its push into Zoom Video Communications, Inc. engages in the provision of video-first communications platform. Amid Covid-19, demand for Zoom videoconferencing software has surged as businesses told employees to work from home. Cumulative Growth of a $10,000 Investment in Stock AdvisorIf You Invested $10,000 in Zoom's IPO, This Is How Much Money You'd Have Now @themotleyfool #stocks $ZM $CSCO It focuses on customer and employee happiness, a video-first cloud architecture, recognized market leadership, viral demand, an efficient go-to-market strategy, and robust customer support. An earlier version of Zoom's S-1 from April 8 had set its range much lower, at $28 to $33 per share.Zoom, which sells cloud video communication software for use in the workplace, was founded in 2011 by CEO Eric Yuan, who was previously vice president of engineering at the video-conferencing company WebEx. ZoomInfo went public on June 4, when it closed at $34.00, or 61.9% above the initial public offering price of $21. A public investor with perfect timing could have bought at the low, just under $60, and would be sitting on a gain of around 10%. How do I ensure it goes to our kids? Distance learning as schools re-opened and telemedicine also boosted demand for Zoom Video's cloud-based services.When the coronavirus crisis eases, retaining corporate accounts will be one key to Zoom's continued success. As the service grew, it seemed like every customer he talked with was frustrated and unhappy with the product. Zoom's basic video-calling package is free.Zoom puts limits of the number of participants in a group call and the length of meetings. Investing Basics It ended the quarter with 988 of those big-spending customers, up from 641 at the end of fiscal 2020.For the current quarter ending in October, Zoom forecast revenue of $685 million to $690 million vs. analyst estimates of $492.9 million. See you at the top! 18, 2019, the For the IPO investor who bought 278 shares, a total of $10,008, those shares have zoomed up 83% to $18,348. A+ signifies heavy institutional buying; E means heavy selling. The videoconferencing company will be worth $9.2 billion at the debut.
Prior to starting his contract writer role with The Fool, he spent 30 years between IBM, Dell, and Allergan helping make their operations run better. Since the, the stock has climbed … Zoom Video Communications is an enterprise-level video-conferencing service provider. Jul. Let's conquer your financial goals together...faster. ZM stock soared in March as the corporate shift to work-from-home boosted demand for its video-calling app.Shares retreated in early April amid reports that hackers were breaking into Zoom meetings. That's up 118% from $251.4 million in fiscal 2018. Don’t miss out…Watch this free webinar to learn 5 ways to pick winning stocks like IBD’s experts. Yuan joined Cisco in 2007 when it bought WebEx for $3.2 billion.Unlike other unicorns in this year's IPO cohort, Zoom is profitable.The company reported $330.5 million in revenue in fiscal 2019, which ended January 31. stocks rose after manufacturing data showed the economy continues to bounce back from the coronavirus shutdown.When the videoconferencing star last closed its fiscal year, it was generating a little over $600 million a year in revenue. © 2000-2020 Investor's Business Daily, Inc. All rights reservedWe want to know how satisfied you are with your online broker. Zoom plans to sell 9,911,434 shares of Class A common stock in the listing, to bring in about $350 million in new capital. It will be joined by Zoom's IPO price comes in above the $33 to $35 price range set by the company in a filing on Tuesday. My father left me money for a house — and my husband put his name on the deed. If 2020 has taught us anything to this point, it's anything but a "normal" year.Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Zoom Video Communications (ZM) and NortonLifeLock ...[...]Zoom Video Communications (NASDAQ:ZM) shares rose sharply in early trading Tuesday after the company ...Zoom Video's (ZM) second-quarter fiscal 2021 results reflect solid user growth, driven by coronavirus-led remote-working and Internet-education wave.Zoom Video (ZM) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.Video Conferencing, Cloud, & Big Data: CEOs of Zoom, Cloudflare, NexTech AR, and The Trade Desk Discuss New Growth Opportunities as Digital Transformation AcceleratesVideo Conferencing, Cloud, & Big Data: CEOs of Zoom, Cloudflare, NexTech AR, and The Trade Desk Discuss New Growth Opportunities as Digital Transformation AcceleratesZoom Reports Second Quarter Results for Fiscal Year 2021Zoom Reports Second Quarter Results for Fiscal Year 2021Zoom Reports Second Quarter Results for Fiscal Year 2021US Open Tennis Championships and Zoom Announce VIP Virtual Experience PartnershipUS Open Tennis Championships and Zoom Announce VIP Virtual Experience PartnershipCardinal Health Chooses Zoom as its Video-First Unified Communications PlatformCardinal Health Chooses Zoom as its Video-First Unified Communications PlatformCardinal Health Chooses Zoom as its Video-First Unified Communications PlatformCloud Based Video Conferencing Solutions Market Status and Global Outlook 2020 | CAGR 10.3% by 2025Zoom Expands Zoom For Home to Popular Smart DisplaysZoom Expands Zoom For Home to Popular Smart DisplaysZoom Expands Zoom For Home to Popular Smart DisplaysZoom Phone Cloud Service Now Available in Over 40 Countries and TerritoriesZoom Phone Cloud Service Now Available in Over 40 Countries and Territories