Why Zoom Video Stock Was Climbing Today

Shares of Zoom Video Communications (NASDAQ: ZM) were climbing today as the stock seemed to benefit from fears over rising coronavirus cases in the U.S. and Europe, and as the company announced a new end-to-end encryption feature, helping to enhance privacy and security.

As of 11:59 a.m. EDT on Monday, the stock was up 3.9% after gaining as much as 5.8% earlier in the session.

Image source: Zoom.

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Source Fool.com