Capitalization Zoom doubled during coronavirus and exceeded $ 50 billion
According to Bloomberg , the capitalization of Zoom, which provides the opportunity to organize online conferences, has doubled in the months of the pandemic, and its size currently exceeds $ 50 billion:
On May 29, the company's shares soared 9.7%, and the value of one share was $ 179.48. Bloomberg analysts explain this increase by expecting a very promising financial report of the company, which is scheduled for June 2.
Also according to the Bloomberg Billionaires Index, Zoom CEO Eric Yuan earned $ 800 million on May 29, and his current fortune is $ 9.3 billion.