Stock of the Day
Stock of the Day
Out of context: Reply #160
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The SEC Really Wants Investors to Stop Buying the Wrong Zoom Stock
With businesses asking as many employees to work from home as possible, that has driven skyrocketing usage of Zoom Video Communications' videoconferencing platform
Zoom Video trades under "ZM," not "ZOOM."
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.com domain name before Zoom Video eventually bought it in 2018 from domain broker Media Options.