Is It Too Late to Buy Zoom Stock?
Before the pandemic, there's a good chance that you didn't know what Zoom was or that it even existed.
This cloud-based video conferencing service has become incredibly popular over the last couple of years. Because it provides people in various locations with a method to connect through a video and voice chat, it's used by businesses and individuals alike.
With many people working from home and social distancing from their loved ones, Zoom helped fill the much-needed gap.
Created in 2011, by the end of 2013, Zoom had one million users and a value of approximately one billion. By early 2020, the platform hosted more than 300 million users per day.
When they first released Zoom stock onto the Nasdaq stock exchange in 2019, it had minimal interest compared to today.
Since 2020, Zoom stock has slightly decreased in value, though it is still performing well.
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