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Zoom (ZM) Adds to Gains as Oracle's Larry Ellison Throws His Weight Behind the 'Essential Service'

April 15, 2020 10:04 AM EDT
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Price: $60.58 -1.74%

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    14 Buy, 25 Hold, 4 Sell

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    Up: 11 | Down: 12 | New: 9
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Zoom (NASDAQ: ZM) adds to gains, with shares up 4.2%.

Global Equities Research research analyst Trip Chowdhry noted that Oracle (NASDAQ: ORCL) founder Larry Ellison is putting his weight behind Zoom.

In a YouTube video on April 13, Ellison called Zoom an "essential service".

Chowdhry said this is important as Mr. Ellison in the past saved both Steve Jobs/Apple and Elon Musk/Tesla from propagandists. Now he is saving Eric Yuan/Zoom.



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