The company joined the NASDAQ-100 stock index on April 30, 2020.īeginning in early 2020, Zoom's software usage saw a remarkable global increase after quarantine measures were adopted in response to the COVID-19 pandemic.

Coffee prices climbed higher in January 2022, reaching 204.29 US cents/lb. The company first became profitable in 2019, and completed an initial public offering that year. Low Arabica Certified Stocks and high volatility add pressure on the I-CIP. Zoom's revenue growth, and perceived ease-of-use and reliability of its software, resulted in a $1 billion valuation in 2017, making it a 'unicorn' company. It provides videotelephony and online chat services through a cloud-based peer-to-peer software platform used for video communications, messaging, voice calls, conference rooms for video meetings, virtual events and contact centers, and offers an open platform allowing third-party developers to build custom applications on its unified communications platform.Įric Yuan, a former Cisco engineer and executive, founded Zoom in 2011, and launched its software in 2013. is an American communications technology company headquartered in San Jose, California.

Zoom stock price january 2020