Why Zoom Video Communications Stock Fell Today
Shares of Zoom Video Communications (NASDAQ: ZM) have fallen today, down by 5% as of noon EDT, amid ongoing scrutiny of the videoconferencing platform's security. Taiwan has become the latest to stop using Zoom due to those concerns.
The Taiwanese government has instructed its agencies not to use Zoom, according to Reuters. Government agencies should instead use other tech platforms that are more secure for videoconferencing. Taiwan is the first government to officially warn against using Zoom.
Image source: Zoom Video.
Source Fool.com
