Shares in Zoom Video Communications dipped 3.8 per cent on Tuesday following a lawsuit by a user who claims the videoconferencing service illegally disclosed personal information. While Zoom shares have fallen so far this week, the stock has more than doubled from the $62 closing price on its first day of trading in April last year. The stock was trading at $145.16 at 11:35am in New York on Tuesday, giving the company a $40.5 billion (Dh148.7bn) market capitalisation.
Source: The National
