Zoom shares hit record high amid blowout earnings for second quarter
by Kari Paul from on (#57JZ2)
Company sees explosive growth in 2020, fueled by the increase of remote work during the pandemic
Zoom shares hit a record high on Monday as the company announced blowout earnings for the second quarter of 2020.
The video conferencing platform has seen explosive growth in 2020, fueled by the increase of remote work during the Covid-19 pandemic. It made as much money in the past three months as it did in the entirety of 2019, beating the already-optimistic predictions of analysts.
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