Zoom stock surges, market value tops Boeing, Starbucks

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Zoom's stock surges on Wall Street, making the video conferencing company more valuable than well-established companies in the auto and aviation industries. The shares rose 33% to $432.45, pushing Zoom's market value to nearly $122 billion.

FILE - This April 18, 2019, file photo shows a sign for Zoom Video Communications ahead of the company's Nasdaq IPO in New York. Zoom’s videoconferencing service is deepening its integral role in life during the coronavirus pandemic as tens of thousands more businesses and other users pay for subscriptions to get more control over their virtual meetings. The surge in paying customers enabled Zoom to hail another quarter of astounding growth in a report released Monday, Aug. 31, 2020.

NEW YORK — Zoom surged in early trading Tuesday, making the video conferencing company more valuable than well-established companies in the auto and aviation industries.

 

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HOMEWORK: present both a thesis and antithesis of the following conspiracy theory: zoom worked with the WHO to proliferate the coronavirus scare so schools would have to use zoom. the public health industrial complex and zoom become instant gazillionaires.

Wonder how many of my legislators and their friends benefitted from inside knowledge.

'Disaster' portfolios funneling money.

Me deciding whether to invest

For what? Wall St. is nothing more than a casino.

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Source: CNBC - 🏆 12. / 72 Read more »