Zoom increases IPO price range ahead of Thursday listing

Zoom,the developer of video conferencing software, plans to list its shares on the Nasdaq under the ticker symbol “ZM” at between $33 and $35 apiece, per an updated S-1 filing. The company has also announced plans to sell $100 million in Class A shares to Salesforce Ventures at the initial public offering price.
The latest price range is a step up from Zoom’s earlier plans to charge between $28 and $32 per share.
Zoom plans to sell 9,911,434 shares of Class A common stock in th