By Associated Press Undefined NEW YORK (AP) — A Zoom call has become an integral part of daily life during the coronavirus pandemic. On Tuesday, Wall Street acknowledged as much by boosting the videoconferencing company's market value above that of more established companies such as Citigroup, Boeing and Starbucks. Zoom shares rose 40.8% to $458.08, pushing its market value to more than $129 billion, after the company reported explosive growth during the second quarter as more people paid for subscriptions, giving them more control over virtual meetings. Zoom's revenue more than quadrupled from the same time last year to $663.5 […]

The post Zoom stock surges, market value tops Boeing, Starbucks appeared first on Black News Channel.