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Stock impact report

Zoom Stock Hits New High As Users Surge Despite Security Issues [Investor's Business Daily]

Zoom Video Communications, Inc. - Class A (ZM) 
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm Check Earnings Report
Related news Shares in Zoom Video Communications ( ZM ) hit an all-time high Thursday, shrugging off weeks of news reports over security vulnerabilities and consumer privacy. Zoom stock popped after the company said its user base topped 300 million. Chief Executive Eric Yuan in a webinar on Thursday said its user base reached 300 million on April 22 , up from 200 million on April 1. Stay-at-home directives during the coronavirus pandemic have given a boost to Zoom stock. Zoom shares jumped 12.5% to close at 169.09 on the stock market today . That topped the previous high of 164.94 set on March 23. Zoom stock has a Relative Strength Rating of 99 out of a possible 99, according to IBD Stock Checkup . Most of its new users download the free version of Zoom's software. Its paid subscriber growth isn't clear amid coronavirus emergency measures. Zoom has added new security features to thwart hackers that have busted in on videoconferences. Zoom's basic video-calling package is free. In the Show less Read more
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