Sec Pauses Zoom Technologies As Traders Confuse It With Zoom Video On march 25, 2020, the securities and exchange commission (“sec”) announced the temporary suspension, pursuant to section 12 (k) of the securities exchange act of 1934 (the “act”), of trading in the securities of zoom technologies inc. due to this confusion. The us securities and exchange commission has stepped in to clear up the worst case of mistaken identity on wall street, suspending the shares of zoom technologies, a small chinese company.
Zoom Technologies Stock Halted By Sec On Confusion With Zoom Video Enough traders mixed up zoom video stock with zoom technologies that the securities and exchange commission halted trading of the latter's shares. the agency cited "concerns about. The sec suspended trading of zoom technologies, a small chinese tech company often confused with zoom video communications (zm) , the red hot videoconferencing stock that's surged in. The securities and exchange commission suspended trading of zoom technologies, partly because investors are confusing it with zoom video, which has seen a surge share price due to. Investing in the zoom video conferencing company used by remote workers? you may have been buying the wrong zoom stock.
Zoom Technologies Stock Halted By Sec On Confusion With Zoom Video The securities and exchange commission suspended trading of zoom technologies, partly because investors are confusing it with zoom video, which has seen a surge share price due to. Investing in the zoom video conferencing company used by remote workers? you may have been buying the wrong zoom stock. The feds on thursday clamped down on trading in shares of an obscure, china based company called zoom technologies, concerned that investors have been confusing it with the teleconferencing. Trading in zoom technologies inc. (ticker: zoom) was suspended by the u.s. securities and exchange commission thursday through april 8 after the stock climbed in recent weeks amid confusion with zoom video communications inc. (ticker: zm), the popular virtual meeting company. Publicly available information concerning zoom, including its financial condition and its operations, if any, in light of the absence of any public disclosure by the company since 2015; and concerns about investors confusing this issuer with a similarly named nasdaq listed. Enough traders mixed up zoom video stock with zoom technologies that the securities and exchange commission halted trading of the latter's shares. the agency cited "concerns about investors confusing this issuer with a similarly named nasdaq listed issuer" in a thursday statement. zoom video shares have soared through 2020 as increased work from home activity drives new interest in its.
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