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Zoom Video Communications, Inc. (ZM)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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329.95-2.43 (-0.73%)
At close: 4:00PM EDT

327.54 -2.41 (-0.73%)
Pre-market: 8:16AM EDT

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Trade prices are not sourced from all markets
Previous close332.38
Open330.27
Bid327.51 x 800
Ask329.00 x 900
Day's range326.90 - 333.73
52-week range132.67 - 588.84
Volume2,476,528
Avg. volume4,688,083
Market cap96.911B
Beta (5Y monthly)N/A
PE ratio (TTM)146.51
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
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News
Press Releases
  • Bragar Eagel & Squire is Investigating Certain Officers and Directors of Zoom and SolarWinds Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
    GlobeNewswire

    Bragar Eagel & Squire is Investigating Certain Officers and Directors of Zoom and SolarWinds Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

    NEW YORK, March 25, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating certain officers and directors of Zoom Video Communications, Inc. (NASDAQ: ZM) and SolarWinds Corporation (NYSE: SWI) on behalf of long-term stockholders. More information about each potential case can be found at the link provided. Zoom Video Communications, Inc. (NASDAQ: ZM) Bragar Eagel & Squire is investigating certain officers and directors of Zoom Video Communications, Inc. following a class action complaint that was filed against Zoom on April 7, 2020. The Complaint alleges that throughout the Class Period defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (i) Zoom had inadequate data privacy and security measures; (ii) contrary to Zoom’s assertions, the Company’s video communications service was not end-to-end encrypted; (iii) as a result of all the foregoing, users of Zoom’s communications services were at an increased risk of having their personal information accessed by unauthorized parties, including Facebook; (iv) usage of the Company’s video communications services was foreseeably likely to decline when the foregoing facts came to light; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times. To learn more about our investigation into Zoom go to: https://bespc.com/cases/ZM Solar Winds Corporation (NYSE: SWI) Bragar Eagel & Squire is investigating certain officers and directors of SolarWinds Corporation following a class action complaint that was filed against SolarWinds on January 4, 2021. The complaint alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) since mid-2020, SolarWinds Orion monitoring products had a vulnerability that allowed hackers to compromise the server upon which the products ran; (2) SolarWinds’ update server had an easily accessible password of ‘solarwinds123’; (3) consequently, SolarWinds’ customers, including, among others, the Federal Government, Microsoft, Cisco, and Nvidia, would be vulnerable to hacks; (4) as a result, the Company would suffer significant reputational harm; and (5) as a result, Defendants’ statements about SolarWinds’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. To learn more about our investigation into SolarWinds go to: https://bespc.com/cases/SWI About Bragar Eagel & Squire, P.C.:Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Contact Information:Bragar Eagel & Squire, P.C.Brandon Walker, Esq. Melissa Fortunato, Esq.Marion Passmore, Esq.(212) 355-4648investigations@bespc.comwww.bespc.com

  • Zoom becomes Official Partner of Formula 1®
    GlobeNewswire

    Zoom becomes Official Partner of Formula 1®

    Major multi-year partnership spans multiple fronts; sees continuation of successful Virtual Paddock ClubENGLEWOOD, Colo. and SAN JOSE, Calif., March 25, 2021 (GLOBE NEWSWIRE) -- Formula 1® and Zoom Video Communications, Inc. (NASDAQ: ZM) today announced that they have entered a new extensive, multi-year partnership consisting of multiple touchpoints across the upcoming 2021 FIA Formula One World Championship™ racing season and beyond. As part of the partnership Zoom will deliver comprehensive communications services and is working with Formula 1® to provide new business and hospitality opportunities through unique live-sport experiences during and beyond the ongoing pandemic. Both brands already collaborated in 2020 on the successful Virtual Paddock Club experience, which will continue this season as part of the new expanded partnership agreement kicking off with the Formula 1 Gulf Air Bahrain Grand Prix 2021 on March 26 to 28, 2021. Across 21 races this season guests can join the Virtual Paddock Club through Zoom to experience a range of bespoke virtual hospitality offerings including live updates and insight from legends of the sport. In addition, and in compliance with respective local pandemic regulations, guests can also join the Virtual Paddock Club onsite at select individual races or use Zoom Rooms set up in the Paddock Club Business Lounges to conduct other business. F1® guests, global partners, and F1® teams can enjoy a seamless, exclusive experience - whether onsite or virtually. Zoom also serves as the official unified communications platform of F1®, and will help the organization to achieve its sustainability goals moving forward, specifically contributing to F1’s remote operations which will reduce its carbon emissions by using virtual meetings wherever possible. “We’re delighted to expand our partnership with Zoom following our collaboration on the successful Virtual Paddock Club last year,” said Ben Pincus, Director of Commercial Partnerships, Formula 1®. “Zoom will become the official unified communications platform of Formula 1, with its services expanding across the wider business. We are excited to continue our work with Zoom and to keep innovating together.” “We are thrilled to continue and expand our collaboration with Formula 1 into a major multi-year partnership above and beyond past activities,” said Janine Pelosi, Zoom CMO. “While the 2020 season has shown that the Virtual Paddock Club offered an engaging VIP sports experience despite the limitations set by the global pandemic, this new season provides an opportunity for a seamless hybrid model including virtual and on-site activations where the situation allows - offering the best of both worlds for enterprises and their VIPs. We’re proud to partner with F1 and use our brand and technology to shape the future of sports events while also supporting organizations on their mission to become more sustainable.” About Formula 1®Formula 1® racing began in 1950 and is the world’s most prestigious motor racing competition, as well as the world’s most popular annual sporting series. Formula One World Championship Limited is part of Formula 1® and holds the exclusive commercial rights to the FIA Formula One World Championship™. Formula 1® is a subsidiary of Liberty Media Corporation (NASDAQ: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) attributed to the Formula One Group tracking stock. The F1 logo, F1 FORMULA 1 logo, FORMULA 1, F1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX, PADDOCK CLUB and related marks are trade marks of Formula One Licensing BV, a Formula 1 company. All rights reserved. About ZoomZoom Video Communications, Inc. (NASDAQ: ZM) brings teams together to get more done in a frictionless and secure video environment. Our easy, reliable, and innovative video-first unified communications platform provides video meetings, voice, webinars, and chat across desktops, phones, mobile devices, and conference room systems. Zoom helps enterprises create elevated experiences with leading business app integrations and developer tools to create customized workflows. Founded in 2011, Zoom is headquartered in San Jose, California with offices around the world. Visit zoom.com and follow @zoom. Formula 1® Press OfficeE: f1media@f1.com T: @f1mediaW: corp.formula1.com Zoom Press RelationsSaskia Stolper PR Lead EMEApress@zoom.us

  • Zoom Enhances Partner Program With Accelerated Growth
    GlobeNewswire

    Zoom Enhances Partner Program With Accelerated Growth

    Zoom Announces New Benefits and Expansion to Master Agent Referral Partner ProgramSAN JOSE, Calif., March 18, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced new benefits and an expansion to its Master Agent Referral Partner Program. New enhancements for Master Agents include increased partner revenue on qualifying deals with Zoom Phone and Zoom United (a unified Meetings, Phone, and Chat offering), and a simplified commission structure for increased predictability. Zoom has also continued to expand its presence with the addition of six new Master Agents in North America and Europe. Additionally, the company introduced new initiatives to gather feedback from partners, including a Global Partner Advisory Council and Partner Perspectives survey. Just one year ago, Zoom launched its Master Agent program with its vision to provide partners with access to Zoom’s entire product suite, ongoing commission of Zoom’s products[1] for the life of the customer, simplified and streamlined sales engagement, and no-cost tools and resources to ensure partner success. Following the program’s inception, Zoom expanded its Master Agent program into new geographies this past fall, and continued to expand its footprint with the addition of six new Master Agents: AppSmart, Bridgepointe, eLink Distribution AG, PlanetOne, Sandler Partners, and TCG. In total, Zoom has recognized 11 Master Agents and more than 2,000 Sub-Agents participating in the program. Two Master Agents -- AVANT Communications and Intelisys -- have already achieved one million in monthly recurring revenue (MRR) within one year of participating in this program. With Zoom’s new commission structure, Zoom Master Agents can earn more than ever before. Master Agents can expand their business with existing Zoom Meetings customers by offering additional solutions like Zoom Phone and Zoom United, and receive increased commissions for net-new opportunities. “Following our first-year anniversary of the Master Agent program, I’m proud to announce significant partner benefits and an exciting, new expansion,” said Laura Padilla, Head of Business Development and Channel at Zoom. “We increased our partner bookings by over 7x year-over-year, and have seen tremendous momentum for our partner ecosystem. We have developed new solution offerings, reached into new sales segments and international markets, and continued to grow our upmarket business. By partnering with Master Agents, value-added resellers, carriers, service providers, and ISVs, Zoom continues to make a positive impact on the industry.” In an effort to gather input from partners, Zoom has also launched a new Global Partner Advisory Council, which provides a forum for the exchange of information, feedback, and ideas on topics such as company and partner growth, efficiency, and profitability. Zoom also introduced a bi-annual Partner Perspectives survey to gather feedback on partner support, ease of doing business, available resources, and more. To learn more about Zoom’s partner programs, please visit zoom.us/partners. About ZoomZoom Video Communications, Inc. (NASDAQ: ZM) brings teams together to get more done in a frictionless and secure video environment. Our easy, reliable, and innovative video-first unified communications platform provides video meetings, voice, webinars, and chat across desktops, phones, mobile devices, and conference room systems. Zoom helps enterprises create elevated experiences with leading business app integrations and developer tools to create customized workflows. Founded in 2011, Zoom is headquartered in San Jose, California, with offices around the world. Visit zoom.com and follow @zoom. [1] excluding hardware; device as a service models; fees for one-time, pay as you go, and/or usage based services such as audio products/services, cloud recording, or professional services; during the applicable billing period, exclusive of Taxes and Fees Zoom PR ContactMatt NagelSecurity & Privacy PR Leadpress@zoom.us