Some businesses are doing better amid the coronavirus crisis. Zoom has seen an enormous influx as more people work from home and government boards find ways to convene while adhering to social distancing rules.
Zoom experienced a 50% daily user increase over the previous month to 300 million. That’s a 2,900% increase over the company’s 10 million daily users back in December.
Zoom shares were also up 5% Friday morning on news the video conferencing service would be joining the Nasdaq 100 April 30.