Why Zoom Video Communications Shares Rose 41% Last Month

Why Zoom Video Communications Shares Rose 41% Last Month

Shares of Zoom Video Communications (NASDAQ: ZM) gained 41.3% in June 2020, according to data from S&P Global Market Intelligence. The video conference specialist sprinted out of the gate with an important technology upgrade and a strong earnings report. Zoom introduced end-to-end encryption of video calls for paying customers on June 1.