Why Zoom Stock Zoomed Nearly 8% Higher on Wednesday
Who says Zoom Video Communications (NASDAQ: ZM) is a pandemic-era stock with its best times behind it?
Many investors would beg to differ, given the company's almost 8% hop in share price on Wednesday. Those folks were obviously cheered by a slate of new products Zoom is rolling out in the near future.
In a presentation during an annual gathering of large employers, Zoom unveiled a new service and several additions to its existing platforms it will start offering users.
Source Fool.com