How COVID-19 has impacted Zoom and measures they’ve taken as a business to combat it. Read on below.
Our aim is to help you buy Zoom shares armed with as much research and information as possible.
Below we’ve aggregated up to date information on Zoom including a detailed coronavirus section, full company information and live share prices and trend graphs. We’ve also added a step by step guide showing you exactly how to buy Zoom shares.
Zoom is an American communications technology company based in San Jose, California. It provides a cloud-based software platform (peer-to-peer) and is used for telecommuting, distance education, business teleconferencing and social relations. Comparing it to its competitors, Zoom aims to provide a product that is easier to use and due to the reliability of its software has resulted in them having a $1 billion valuation in 2017.
Founded in April 2011 by Eric Yuan, Zoom now employs over 2,500 people and on April 30th 2020 joined the NASDAQ-100 stock index trading as ZM. 49% of shares are held by institutions, with just over 16% of shares being held by all insiders.
As Google has become a household name for search, Zoom is the name for video conferencing with it providing easy access for meetings and online classes.
The timeline below shows a few recent interesting facts:
February 29th
March – April
May 6th
During the COVID-19 pandemic with many people working from home and utilising video-conferencing on a more regular basis, Zoom has released some details of an update, principally ‘Keybase’, to further strengthen the security of those people using its app.
May 7th
It’s a very simple and straightforward process to getting started and owning a share of Zoom. Our step by step guide below will show you just how easy.
1. Pick a share trading platform.
We’ve provided a selection below to help you choose (many come with an app that you can manage from your phone).
2. Open an account with your chosen trading platform.
As with any account you’l be required to identify yourself with some personal details to make sure you are who you say you are.
3. Add a payment method.
You’ll be securely transferring money to your share trading platform in order to buy the shares, so you’ll need to add a way to pay.
4. Search for the company you want to buy shares in.
Each share trading platform has a simple way to locate the company you’ve identified.
5. Buy the shares.
Make sure you check the share price of the company you’re investing in and how much you’re investing (and ensure you’re happy with both) before you click the ‘buy’ button.
And that’s it, you’re now a shareholder. Congratulations!
We’ve compared the top trading platforms side by side, so you don’t have to. Choose the platform that suits your needs best.
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