3/21/2023 0 Comments Zoom stock projectionsThe 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 Video Communications (NASDAQ:ZM) Rating Lowered to Neutral at JPMorgan Chase & Co. The company first became profitable in 2019, and completed an initial public offering that year. 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. 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. from stock price appreciation and 3.5 from stock dividends paid to. 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. NOTE: The Closing Price, Days High, Days Low, and Days Volume have been adjusted to account for any stock splits and/or dividends which may have occurred. For more on Zoom's IPO, read the boxed feature, Before Buying Zoom's IPO Stock. Amazon, Google and Microsoft face probe by UK regulator over cloud business. Zoom Video Communications (ZM) Stock Moves -0.01: What You Should Know. is an American communications technology company headquartered in San Jose, California. Zoom Video Communications (NASDAQ:ZM) sheds US1.1b, company earnings and investor returns have been trending downwards for past year. Zoom Video Communications Cl A stocks price quote with latest real-time prices.
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