Shares of Zoom Technologies Inc., a manufacturer based in Beijing of mobile phone components, with a market value of only $18 million were more than double this week as investors focus on companies that, if the corona fears They could benefit people stay in slide home. Sign up for our daily newsletter crown by clicking on this link, and send any tips, leads and [email protected] stories. There’s just one problem – his ticker ZOOM, but investors may submit online, videoconferencing thought in California Zoom Video Communications platform company to be known that people work and study help at home. This ticker company ZM, and its shares have risen about 11% this week by widespread market turbulence. of $ZOOM Shares are now 50% due videoconferencing benefit provided by the crown. A small problem. It is wrong company. Zoom is $ZM. $ZOOM for years by companies. A point for the efficient markets! cc @asymmetricinfo – Eddy Ivory (@EddyElfenbein) February 27, 2020 It is not the first time he has swung the wrong actions Zoom, Zoom Technologies on video zoom IPO last year quickly.
News > Business > $ZOOM double amide actions concerns the Crown. But investors mistakenly bet on the wrong company