Zoom Video Communications, which trades publicly on the NASDAQ global select market under the ticker symbol ZM, officially priced its initial public offering at 36.00 US Dollars per share. Ahead of its public market debut, the company elevated its target range due to exceptionally strong institutional demand. When trading officially commenced on April 18, 2019, the stock experienced a massive surge, opening significantly higher and ultimately closing its first day of trading with gains exceeding 72 percent, cementing one of the most successful technology IPOs of that year.