Zoom reported an adjusted 20 cents per share for the quarter, which was ahead of Street estimates of 9 cents, according to estimates from Refinitiv. Zoom also doubled its revenue guidance for the year. Shares of Zoom are up more than 225% this year.– Shares of Simon Property Group skyrocketed 14.5% to become the biggest gainer in the S&P 500 in midday trading. The biggest U.S.
Warner Music – Warner Music soared more than 15% on its first day of trading as a public company. Warner, the globe's third-largest music label, began trading under the symbol "WMG" on the Nasdaq, after pricing its offering of 77 million Class A stock at $25 per share.– Shares of the restaurant chain soared more than 18% after the company reported positive initial results for its newly reopened restaurants.
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