We are able to see this video conferencing company with the ability to capitalize on very strong interests of the investor. It all happened last month, in April 2019, when Zoom Video Communications stock literally jumped more than 80% on the first day of its trading!
Their public debate was made on the well-known Nasdaq stock market. Would you believe if you hear how it literally raised up to almost $64 from $36 per share?
Stock Market News Today – Zoom Stock IPO
Zoom Video Communications believe how it all happened because they have filled their Zoom IPO in the previous month. Their estimated value went from $8.25 billion to even $8.9 billion very quickly.
When thinking about the future predictions of this company, we should first think about the reason that drove the interest in the first place. We all know how a rising price of the offering is of a crucial value among all investors. Nevertheless, it seems like how Zoom Video Communications didn’t have to think about that much, because even their past public debuts have brought them $7.6 million in just a year!
The future predictions for this company look great because it seems like how they definitely know how to make big steps. Besides that, it seems like how they are only interested in big investments, but they plan those carefully. They will, among all this, still need to make some changes in the business.
People also claim how buying into an IPO may be of a huge risk because companies like this one don’t even have a public track record. Will that is the main problem Zoom Video Communications will need to face? Can they do something about that?
We believe how this company will need to rethink their plans and invest in the future if they want their shares to keep the good price or even to rise with time.
