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Thursday, April 18, 2019

What's moving markets today

Pinterest isn't the only one going public today.

Zoom, a video conferencing company that was founded in 2011, will start trading on the Nasdaq under ticker symbol "ZM."

The San Jose, California-based firm priced shares above its initial target range at $36 on Wednesday. 

Unlike other major tech unicorns going public this year (Pinterest, Lyft and Uber to name a few), Zoom is profitable and still growing sales fast.

Let's block ads! (Why?)

from CNN.com - RSS Channel https://cnn.it/2VRg5dh

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