Zoom jumps 11% after company announces it added 100 million new users in 3 weeks
it has surpassed 300 million daily users, an increase of 100 million users since its last update on April 1. Prior to the pandemic, Zoom had just 10 million daily users, as reported in December 2019.
But as millions of people across the globe have been under stay-at-home orders, many have turned to video conferencing with friends and family as a form of socializing.Zoom's stock has returned almost 150% year-to-date, at a time when it has seen its user base jump nearly 3,000%.
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