|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||1.8000 - 2.0500|
|52 Week Range||0.0000 - 66.8800|
|Beta (3Y Monthly)||146.10|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.00|
TRADER EXTRA IPO investing can be befuddling. Consider (ZOOM) (ticker: ZOOM). It is up 864% month to date. Zoom has no sales and a market value of $8 million. Why is the stock up? Because (ZM) (ZM) sold shares to the public.
“Life is all about the pursuit of happiness. Delivering happiness is what we do at Zoom,” notes Zoom founder and CEO Eric S. Yuan in the company’s S-1 filing. In his letter, Yuan notes that, while he was the engineering lead at video-conferencing company Cisco Webex, customers would tell him about how “unhappy” they were with the technology, making Yuan feel “unhappy” too.
Much has been made of the buzzy public debut of Zoom Video Communications Inc., the enterprise videoconference software company with a $1 billion valuation, that is set to list on Nasdaq, but the shares of another unrelated company has been more aptly zooming in the past 30 days.
Efforts to make that weekly or monthly number ratchets up the pressure on making that higher average "daily number." It gets worse late in the day, late in the week, and when behind, especially late in the month. Major stock market indices traded sideways to slightly lower on Wednesday with significant carnage experienced in spots.
Pat Grady, a partner at Sequoia Capital investing, joins 'Fast Money Halftime Report' to discuss Zoom, Instagram, Linkedin, YouTube, Square and other unicorns he's watching.
Emergence Capital's Santi Subotovsky, Zoom board member and early investor, discusses the company's recent IPO on CNBC's "Squawk Alley."
New York Times columnist Jim Stewart discusses Uber and other upcoming IPOs on CNBC's "Squawk on the Street."
Pinterest and Zoom shares both soar on their IPO debut. Pinterest stock started trading at $23.75 a share, while Zoom's first trade price was $65. Firstminute Capital Co-Founder Spencer Crawley joins Yahoo Finance's Seana Smith.
Ringing today's opening bells are Pinterest with Ben Silbermann, co-founder and CEO, and Evan Sharp, co-founder and chief design and creative officer, at the NYSE and Zoom Video Communications with CEO Eric Yuan at the Nasdaq.
Today's bell ringers are Pinterest with Ben Silbermann, co-founder and CEO, and Evan Sharp, co-founder and chief design and creative officer, at the NYSE and Zoom Video Communications with CEO Eric Yuan at the Nasdaq.