, which closed up about 0.5%. The videoconferencing company's stock has been on a tear this year, rising 226% on the year, as the coronavirus pandemic forced millions to work remotely.
Thursday's market plunge, which was sparked by an increase in Covid-19 cases, brought the Dow Jones Industrial Average down 6.9% and the S&P 500 down 5.9%. The major averages posted their worst day since March 16, when they all dropped more than 11% in the midst of the pandemic. Concerns around a second wave of the virus have risen as U.S. states continue on their path to reopening.
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