Zoom Video Communications reported its performance in February-April 2021. Its revenue grew by 191%, net profit – by 741%, operational – by 131%. Zoom shares lost 3.8% over 3 days.
Zoom will attract over 1 billion USD by stocks offering. The secondary placement will be sized over 5 billion stocks. They will trade at 340 USD each. The news pulled the quotations of Zoom Video Conferences up by 7.4%.