It has seen an appreciation during the COVID surge. Note: Zoom went public in 2019 at $36 per share. As of February 1, 2022, the stock is trading at $153 per share. Zoom trades on the NASDAQ under the symbol ZM. The company was founded in 2011 in San Jose, California. People widely use Zoom in teleconferencing, telecommuting and distance learning. Zoom is a cloud-based video conferencing platform designed to make face-to-face communication easier online. Zoom makes money through subscription fees, hardware rentals, and add-on services. It became widely popular during the COVID pandemic due to social distancing. Zoom ( ZM) is a video conferencing platform widely used by both businesses and consumers to stay in touch with others.
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