Zoom stock tanks on news of $14.7 billion Five9 deal ...Middle East

New York Post - Technology
Zoom stock tanks on news of $14.7 billion Five9 deal
source : New York Post ( Middle East ) () 6
Zoom’s stock tanked Monday morning after the video conferencing company revealed plans to buy call center software company Five9 for $14.7 billion. An hour after markets opened, Zoom shares were trading down 3.9 percent at $348.00, according to MarketWatch data, while the tech-heavy Nasdaq composite index was down just 1.5 percent.  Meanwhile, shares of Five9...

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