Why Zoom Stock Is Rising Today

Why Zoom Stock Is Rising Today

Shares of Zoom Video Communications (NASDAQ: ZM) rose today even as the broader market tumbled. Zoom's stock jumped on news that European coronavirus outbreaks could bring more restrictions, which could lead to more use of Zoom's video service. Zoom's business has benefited over the past six months as schools, companies, and friends and families have used the company's video service to communicate with each other.