Thursday, April 18, 2019

Zoom opens up ~80% on its first day of trading after raising $356.8M in its IPO at a valuation of $9.2B (Jordan Novet/CNBC)

Jordan Novet / CNBC:
Zoom opens up ~80% on its first day of trading after raising $356.8M in its IPO at a valuation of $9.2B  —  Videoconferencing software company Zoom made its debut on the Nasdaq on Thursday under the ticker symbol “ZM,” and surged 80 percent to $65.  —  The initial pop gives Zoom a stock market value of $16.7 billion.



from Techmeme http://bit.ly/2XuJURl

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