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Shares for another company called Zoom are flying, but some might be trading the wrong stock

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대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Shares of Zoom are in high demand on Thursday morning but there's one problem: It appears to be a case of mistaken identity.

div > div.group > p:first-child"> Zoom Technologies is not the company Zoom Video Communications that is expected to begin publicly trading on the Nasdaq on Thursday.

Rather, Zoom Technologies is a tiny Chinese wireless communications company that"does not have significant operations," according to its profile on Yahoo. But within two hours of trading, shares of ZOOM surged more than 80%, with trading volume that was quadruple the amount of shares that change hands on the average day.

Zoom Technologies also has a market value of just $14 million and began 2019 trading at $0.01 a share. Hitting a high of $5.50 a share in midday trading, the stock is up more than 47,000% so far this year. Shares of ZM had yet to begin trading. But Zoom Video Communications stock is in high demand, as Nasdaq indicated the stock is set to IPO at about $62 a share – nearly double the $36 a share the company priced at on Wednesday.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

People are dumb 😂😂

대한민국 최근 뉴스, 대한민국 헤드 라인

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