DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Download on the App Store
Screenshot of DeepNewz app showing story detail view.
Feb 27, 01:30 PM
Zoom Shares Jump Over 8%, Announces $1.5 Billion Buyback on Strong Results
Economics
Business

Zoom Shares Jump Over 8%, Announces $1.5 Billion Buyback on Strong Results

Authors
  • Reuters
  • The Globe and Mail
  • PiQ
5

Zoom Video Communications' shares surged nearly 13% in premarket trading following the announcement of better-than-expected quarterly results and a share buyback program of up to $1.5 billion. The company's performance, highlighted by strong product demand, led to its stock value jumping over 8% premarket. This financial maneuver demonstrates Zoom's confidence in its operational stability and future growth prospects.

#Zoom Video Communications#Zoom
Tech /Company Earnings
Written with ChatGPT (GPT-4).

Sources

Additional media

Image #1 for story zoom-shares-jump-over-8-announces-1-5-billion-buyback-on
Image #2 for story zoom-shares-jump-over-8-announces-1-5-billion-buyback-on
Image #3 for story zoom-shares-jump-over-8-announces-1-5-billion-buyback-on
Image #4 for story zoom-shares-jump-over-8-announces-1-5-billion-buyback-on
Image #5 for story zoom-shares-jump-over-8-announces-1-5-billion-buyback-on
Image #6 for story zoom-shares-jump-over-8-announces-1-5-billion-buyback-on
Image #7 for story zoom-shares-jump-over-8-announces-1-5-billion-buyback-on
Image #8 for story zoom-shares-jump-over-8-announces-1-5-billion-buyback-on
Image #9 for story zoom-shares-jump-over-8-announces-1-5-billion-buyback-on