Zoom technologies stock nasdaq
Founded in by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. As the unprecedented COVID pandemic continues to rage across the globe, life has been utterly upended — including how people work.
Some companies are seeing demand for their services skyrocket as the world adjusts to this new reality. With businesses asking as many employees to work from home as possible, that has driven skyrocketing usage of Zoom Video Communications ‘ ZM Zoom Video is one of the few stocks that has jumped amid the crisis while the broader market tanked.
There’s only one problem: Many investors are buying the wrong Zoom stock. Unfortunately, Zoom Technologies is an apparently defunct company based in China that previously distributed wireless communications products. It appears that it no longer operates and does not generate revenue. Perhaps adding to the confusion, Zoom Technologies did previously own the zoom.
The situation has gotten so bad that the SEC has decided to step in. In the interest of protecting confused public investors that are buying the wrong stock, regulators have announced that trading in Zoom Technologies has been suspended.
In a release, the SEC said:. The Commission temporarily suspended trading in the securities of ZOOM because of concerns about the adequacy and accuracy of publicly available information concerning ZOOM, including its financial condition and its operations, if any, in light of the absence of any public disclosure by the company since ; and concerns about investors confusing this issuer with a similarly named NASDAQ-listed issuer, providing communications services, which has seen a rise in share price during the ongoing COVID pandemic.
It’s unclear when Zoom Technologies shares will resume trading if ever. But considering the fact that the stock is nothing more than an empty shell, it’s probably for the better. Investors interested in the booming videoconferencing company should make sure they type in “ZM” when placing those buy orders. Cost basis and return based on previous market day close.
Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of Discounted offers are only available to new members. Calculated by Time-Weighted Return since Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Premium Services. Stock Advisor.
View Our Services. Our Purpose:. Latest Stock Picks. Today’s Change. Current Price. Zoom Video Communications. Motley Fool Returns Market-beating stocks from our award-winning service. Stock Advisor Returns. Join Stock Advisor. Our Most Popular Articles. Wondering What’s Next for Inflation and Consumers? Walmart Just Released a Big Hint. Get Started Now. View Premium Services.
Zoom Technologies – 23 Year Stock Price History | ZTNO | MacroTrends
View the latest Zoom Technologies Inc. (ZTNO) stock price, news, historical charts, analyst ratings and financial information from WSJ. (the “Common Stock”) of Zoom Technologies, Inc., a Delaware corporation (“Zoom” NASDAQ Stock Market Rule (d) provides that stockholder approval is. Meanwhile, Zoom Technologies, a so-called penny stock traded over the counter, had risen more than % over the same time frame before the SEC.
– Zoom technologies stock nasdaq
Founded in by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.
Recent earnings show a business that continues to put up strong results despite the stock’s performance. This provider of communication services has lost a lot of ground inbut it could produce exciting gains in the long run. Zoom’s management has big plans for the company, and its latest acquisition is part of them. The wildly popular video по этому адресу company has seen some declines lately.
How is it responding? The somewhat worrying results of a survey cause an analyst to make a fairly deep cut to his price target on the shares. Powered by. Zoom Video Communications provides a cloud-based communications platform that concentrates on making the video conferencing experience zoom technologies stock nasdaq, including features like online collaborative meetings, voice and chat capabilities, and collaborative file sharing.
Sector: Information Technology Industry: Software. Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.
Premium Services. Stock Advisor. View Our Services. Our Purpose:. Latest Stock Picks. Interactive Chart. All Zoom technologies stock nasdaq Moves Podcasts Earnings. Is Zoom Stock a Buy Now? Jeff Santoro Jun 1, Chris Hill Sep 7, Chris Hill Mar 30, What’s Happening With Zoom and Lemonade?
Chris Hill Jan 19, Mac Greer Zoom technologies stock nasdaq 9, Why Zoom Video Communications Fell by Ryan Downie Mar 8, /14083.txt Glassdoor Rating Company Rating. Eric S. Yuan Ratings. Business Summary Zoom Video Communications provides a cloud-based communications platform that concentrates on making the video conferencing experience better, including zoom technologies stock nasdaq like online collaborative meetings, voice and chat capabilities, and collaborative file sharing.
View Premium Services. ZM Zoom Video Communications. SHOP Shopify. TWLO Twilio.