ZOOM – Zoom Video Communications
Zoom Video Communications
Zoom is the leader in modern enterprise video communications, with an easy, reliable cloud platform for video and audio conferencing, chat, and webinars.
But Trump’s administration is worried about it’s Chinese origin and the servers in China.
Zoom Video Communications has arguably been the biggest beneficiary of the remote work and virtual home schooling reality that many Americans now live in as a result of the Covid-19 pandemic.
The stock has soared more than 250% so far this year. Zoom (ZM) is now worth more than $67 billion. To put that in perspective, Zoom is a more valuable company than 417 of the firms in the S&P 500 — nearly 85% of the members in the blue chip index.