August 31, 2021 Sophia Vida

Zoom Shares Fall After Financial Report and Announcement to Buy Five9 for $14.7B

Shares of Zoom saw a drop earlier this week after the video-calling software maker reported its second quarter financial results and announced that it has plans to acquire Five9 for $14.7 billion. Zoom said it plans to buy the cloud contact-center software maker in a stock transaction. For the second quarter the company reported a … Continue reading “Zoom Shares Fall After Financial Report and Announcement to Buy Five9 for $14.7B”