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Why Zoom Video Communications Stock Is Jumping Today
ZMZoom(ZM) The Motley Fool·2024-02-27 21:28

Zoom Video Communications (ZM 8.00%) stock surged in Tuesday's trading. The company's share price closed out the daily session up 8%, according to data from S&P Global Market Intelligence.Zoom published its fourth-quarter earnings results after the market closed yesterday and delivered a profit that came in far better than Wall Street had anticipated. The company also managed to beat sales expectations for the period.Enterprise growth and efficiency initiatives drove Q4 beatsZoom recorded non-GAAP (adjusted ...