Why Zoom Stock Is Jumping Today

Shares of Zoom Video Communications (NASDAQ: ZM) rose today after investors reversed course and stopped selling shares of the video tech company. Investors dumped Zoom stock over the past few trading days as they began leaving tech stocks, but today's jump indicates that the recent sell-off has stopped. 

Zoom's stock popped by as much as 11.5% during this morning's trading and was up by 8.9% as of 12:06 p.m. EDT.  

There's no company-specific news that's driving up Zoom's stock today. Instead, it appears that some investors are rushing back after they began selling technology stocks, including Zoom's, last week. Zoom's stock fell 23% between Sept. 2 and Sept. 8. 

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Source Fool.com