A fool and his money are my best friends.
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Quote:
Zoom Technologies (ZTNO) stock took a ride in the wake of the Zoom Video Communications (ZM) initial public offering. Eventually the SEC suspended trading in Zoom Technologies because of confusion. Shares were at $10.40 before the suspension. They opened weeks later at 30 cents before closing at $2.25. Shares closed at 37 cents Wednesday.
Zoom Technologies has no sales or analysts. Its market capitalization is only about $1 million.
It might seem like it goes without saying, but it doesn’t. Check stock symbols twice before trading.
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