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Zoom Video is an American communications technology company offering, in particular, video meetings and online chats. They have developed their own cloud platform for teleconferencing, telecommuting, distance learning and social networking. It is actively used by corporations for internal negotiations and by webinar presenters to quickly and conveniently gather an audience on-screen.
Eric Yuan, a former Cisco engineer and CEO, founded Zoom Video in 2011. By 2017, the company was valued at $1 billion, which made it the industry leader. Since then, it has not given up its position. However, it first became profitable only in 2019 after the exchange listing and was included in the NASDAQ-100 index the next year.
If you are convinced that this industry is the future, take a closer look at changes in the share price of Zoom Video. This is one of the most talked-about companies in recent times. As an FxPro client, you can buy and also sell this asset as a CFD, speculating on the price changes.
On our platforms, including the native FxPro Trading Platform, you will find an online quote chart that you can analyse and use to place orders. We do not give specific recommendations in what direction it is worth opening trades since such a choice is the responsibility of each trader. However, you have convenient analytical tools at your disposal that can greatly facilitate decision making.
Experienced traders do not recommend making deals without a well-developed trading strategy tested on a demo account. Also, pay attention to news that may have an impact on the value of the company stocks and be sure to check the Dividend & Earnings Calendar on the FxPro website to be prepared for any dividend payments or company reports. It is also worth utilising technical indicators to help you assess the situation on the chart.
In addition, Trader's Dashboard is at your disposal, along with trading calculators, analytical articles and free education at the FxPro website.
We also recommend subscribing to the official FxPro Telegram channel and monitoring the FxPro News portal to quickly receive the latest analytics and keep on top of what is happening on the markets.
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