Why Shares of Zoom Video Spiked Today
Shares of Zoom Video Communications (NASDAQ: ZM) were rising today on seemingly no company-related news. But investors may be warming back up to Zoom as the delta variant of COVID-19 spreads across the U.S.
The tech stock gained as much as 7.5% and was up by nearly 7% as of 3:38 p.m. EDT.
The maker of the popular video-calling app, Zoom, saw its share price jump today, likely because some investors are concerned that rising COVID-19 cases caused by the delta variant are bringing more restrictions.
Source Fool.com
