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Zoom Prices IPO: $36 A Share

Video Credit: Wochit Business - Duration: 00:32s - Published < > Embed
Zoom Prices IPO: $36 A Share

Zoom Prices IPO: $36 A Share

Video communication company Zoom priced its IPO at $36 per share on Wednesday.

The news comes according to a source familiar with the process.

This values Zoom at $9.2 billion.

Business Insider said the $9.2 billion evaluation is up from its last private valuation of $1 billion.

The company is expected to start trading Thursday on Nasdaq under the ticker "ZM."

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