Why Zoom Stock Jumped Sharply on Friday

Why Zoom Stock Jumped Sharply on Friday
·1 min read

Shares of Zoom Video Communications (NASDAQ: ZM) jumped sharply on Friday. Shares of the live video collaboration software provider were likely up because of a bullish note from an analyst, as well as an upbeat day in the market for many tech stocks. RBC Capital analyst Rishi Jaluria named Zoom Video his top stock pick on Friday, giving shares a 12-month price target of $450.