The popularity of Zoom’s video conferencing services boosted the company’s share price by 400 per cent last year. Photo: AP Photo
The popularity of Zoom’s video conferencing services boosted the company’s share price by 400 per cent last year. Photo: AP Photo
Stocks

Confusion over stock names of Zoom, NIO, and SIGL show how Wall Street’s lax naming rules breed doppelganger stocks

  • While Zoom Video Communications’ popularity boosted its share price fourfold last year, it inadvertently lifted another Chinese company, Zoom Technologies
  • Zoom Technologies, a maker of mobile phone components, was asked by US regulators to change its ticker sign from ZOOM to ZTNO to avoid confusion among investors

Topic |   Stocks
The popularity of Zoom’s video conferencing services boosted the company’s share price by 400 per cent last year. Photo: AP Photo
The popularity of Zoom’s video conferencing services boosted the company’s share price by 400 per cent last year. Photo: AP Photo
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