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Zoom starts trading at $65 per share, 80 percent above IPO price

04/18/2019

NEW YORK (Reuters) – Video conferencing company Zoom Video Communications opened at $65 per share on Thursday, 80.6 percent above its initial public offering price, in its debut on the Nasdaq.

Zoom priced its IPO on Wednesday at $36 per share, above its target range of $33-$35 per share.

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Zoom starts trading at $65 per share, 80 percent above IPO price

Meati Foods, plant-based protein producer, to cut 20% of its positions

NPR C.E.O. to Retire at Year’s End

Mohamed al-Fayed, Tycoon Whose Son Died With Diana, Is Dead at 94