Zoom shares hit record high

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Shares of Zoom Video Communications Inc. were up 4%, at a record high of $588.84, in early-afternoon trading on Monday. The live-video platform, which has flourished during the coronavirus pandemic, continues to thrive as a digital vehicle for working and communications amid competition from Microsoft Corp. and Slack Technologies Inc. . Zoom shares are up 754% this year, while the S&P 500 index has advanced 7% in 2020.
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