A tale of two Zooms

Oliver Staley
A tale of two Zooms

It’s been a great month to be Zoom. Yes, Zoom Video Communications has thrived in the age of coronavirus-induced quarantine as it and other remote conferencing services have suddenly become indispensable to the modern economy. Due almost entirely to investor confusion, Zoom Technologies—which trades as an over-the-counter stock with the ticker symbol ZOOM—has also soared, with its share price zooming (sorry) from $1.10 to an intraday high of $60 last week, before closing at $20.90.