Zoom Video Communications (NASDAQ: ZM) is a COVID-19 phenomenon. Rocketing roughly 30% in price over the past month, and more than doubling over the past year, Zoom Video stock has been one of the market's top performers of late.
It's not a patch, though, on the performance of similarly named ZOOM Technologies (OTC: ZOOM), a company that previously distributed wireless communication products, but now "does not have significant operations," according to S&P Capital IQ.
A tiny Pink Sheeted stock with a $31 million market cap, ZOOM Technologies stock has more than doubled in the past month ... and is up 3,900% in the past year!