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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.

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Source Fool.com

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