Why Zoom Video Stock Jumped Today
Shares of Zoom Video Communications (NASDAQ: ZM) rose today on seemingly no company-related news. But investors may be having a delayed reaction to the company's announcement on Wednesday that it's expanding some of the features for its Zoom Rooms service.
The tech stock was up by as much as 6.4% this morning and had gained 6% as of 12:04 p.m. EST.
The company said on Wednesday that it was launching Zoom Rooms "Everywhere Workforce" initiatives that will help companies safely bring back workers into offices. Zoom Rooms is the company's conference room video service.
Source Fool.com
