NEW YORK (Reuters) – Video conferencing company Zoom Video Communications opened at $65 per share on Thursday, 80.6 percent above its initial public offering price, in its debut on the Nasdaq.
Zoom priced its IPO on Wednesday at $36 per share, above its target range of $33-$35 per share.
Reporting by Chuck Mikolajczak and Joshua Franklin in New York; Editing by Dan Grebler
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source: reuters.com