Zoom and Salesforce make quick $23 million profit after IPO of Israeli software vendor Monday.com

cnbc2021-06-11

In Zoom's IPO two years ago,Salesforce made abundleby investing $100 million at the offer price and watching the stock soar out of the gate. Zoom learned a little something from that experience. Zoom ...

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Comments

Jason1989
2021-06-11
Jason1989
Wow.. up u go..
luluu
2021-06-11
luluu
Long $zm
Soksok
2021-06-11
Soksok
Ok
- Nebhol:
  Like comment
Geoz88
2021-06-11
Geoz88
Wow!
Weeckee
2021-06-11
Weeckee
Hallelujah, Huat ah
BoJio
2021-06-11
BoJio
Like and comMeng please

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Zoom learned a little something from that experience.\nZoom ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/10/zoom-and-salesforce-make-23-million-after-ipo-of-israels-mondaycom.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ZM","symbol_name":"Zoom","start_time":0,"source_url":"https://www.cnbc.com/2021/06/10/zoom-and-salesforce-make-23-million-after-ipo-of-israels-mondaycom.html","article_id":"1130406324","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/06/10/zoom-and-salesforce-make-23-million-after-ipo-of-israels-mondaycom.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1130406324","pubTimestamp":1623373701,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"In Zoom's IPO two years ago,Salesforce made abundleby investing $100 million at the offer price and ","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ZM":"Zoom"},"translate_title":"Zoom和Salesforce在以色列软件供应商Monday.com上市后迅速获利2300万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ZM":0.9},"content_text":"In Zoom's IPO two years ago,Salesforce made abundleby investing $100 million at the offer price and watching the stock soar out of the gate. Zoom learned a little something from that experience.\nZoom and Salesforce each purchased $75 million worth of stock in Israeli software company Monday.com, which debuted on the Nasdaq on Thursday. Monday.com, which provides cloud-based collaboration tools, didn't have a Zoom-level pop, but the stock did jump 15% — rising from $155 to $178.87 — giving both investors a quick paper profit.\nBy the close of trading, Zoom and Salesforce's stake had blossomed to $86.55 million, giving each a one-day gain of $11.55 million. Like Monday.com's insiders, Zoom and Salesforce are subject to lock-up restrictions and can't sell for 180 days.\nFor Salesforce, purchasing IPO shares has become another way for its venture arm to generate returns beyond traditional investments in start-ups and later-stage tech companies. 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"}],"langContent":"EN"},{"id":181348721,"gmtCreate":1623375802063,"gmtModify":1704201982776,"author":{"id":"3579002978614578","authorId":"3579002978614578","name":"Geoz88","avatar":"https://static.tigerbbs.com/40716588ae7919100620a5b5a9c48cac","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579002978614578","authorIdStr":"3579002978614578"},"htmlText":"Wow!&nbsp;","listText":"Wow!&nbsp;","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181348721","repostId":1130406324,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":181340224,"gmtCreate":1623375648268,"gmtModify":1704201977115,"author":{"id":"3582072953259355","authorId":"3582072953259355","name":"Weeckee","avatar":"https://static.itradeup.com/news/fa7604d9be05bbf456327176402c13a9","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3582072953259355","authorIdStr":"3582072953259355"},"htmlText":"Hallelujah, Huat ah","listText":"Hallelujah, Huat ah","text":"Hallelujah, Huat ah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181340224","repostId":1130406324,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":181352985,"gmtCreate":1623375416747,"gmtModify":1704201971459,"author":{"id":"3582433915660008","authorId":"3582433915660008","name":"BoJio","avatar":"https://static.tigerbbs.com/87d3016052dafbf40c829db0d23d97c5","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582433915660008","authorIdStr":"3582433915660008"},"htmlText":"Like and comMeng please","listText":"Like and comMeng please","text":"Like and comMeng 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