Why Zoom Video Stock Jumped Today

Shares of Zoom Video Communications (NASDAQ: ZM) rose again today, as investors continued to look to the tech stock as a go-to investment during the pandemic.

Zoom's stock rose by as much as 7.3% today and was up 7.1% as of 3:01 p.m. EDT.

Investors have been drawn toward technology stocks during the coronavirus pandemic as they look for fast-growing companies that are providing vital technologies during lockdowns and expanded work-from-home policies. Zoom's stock has skyrocketed as a result and is up 633% since the beginning of this year.

Source Fool.com