Investors appear to be trading wrong Zoom shares before IPO



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The actions of Zoom are in high demand on Thursday morning but there is a problem: it seems to be acting from a wrong identity case.

Zoom Technologies also has a market value of $ 14 million and started in 2019 at $ 0.01 per share. Hitting a high of $ 5.50 per share in midday trading, the stock is up more than 47,000% since the beginning of the year.

ZM's shares had not yet begun to be traded. But the actions of Zoom Video Communications are in high demand, as Nasdaq said the shares would be floated on the stock market at about $ 62 per share, nearly double the $ 36 per share of the company.

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