"There was some worry about unicorn IPOs after Lyft (LYFT) disappointed but Zoom and Pinterest show there's an appetit
The Zooms are zooming. Zoom Video Communications, Inc., also known as Zoom, went public today on the Nasdaq stock exchange.
When it comes to emerging tech companies, investors are clearly rewarding growth and profitability above all else.
The jump in the shares puts Zoom's valuation above that of two companies that raised more money in their recent IPOs.