Replies to post #650 on Zoom Video Communications Inc (ZM)

[tasari]

It seems that the push is coming from today again...

Bad news :
Zoom Video Communications (NASDAQ:ZM) has commenced a public offering of $1.5B of Class A shares.
Underwriter's over-allotment is an additional $225M of shares.

https://seekingalpha.com/news/3650603-zoom-video-readies-stock-offering?mail_subject=zm-zoom-video-readies-stock-offering&utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha

More shares are being added, pre-market already down 3% !!