The Nasdaq Doesn't Need Zoom to Set New Record Highs
November was a fantastic month for the Nasdaq Composite (NASDAQINDEX: ^IXIC), and December got off to a great start as well. As of 3:15 p.m. EST, the Nasdaq appeared to be record-bound, rising more than 1% and leading other major market benchmarks higher on the first day of the new month. Judging from the positive sentiment, you might reasonably figure that Monday afternoon's financial report from Zoom Video Communications (NASDAQ: ZM) was a favorable one.
