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Why Zoom Video Shares Are Rising Today

Zoom Video Communications Inc (NASDAQ: ZM) is trading higher Friday after the company and Five9 mutually terminated the merger agreement. At Five9’s special meeting of shareholders held on Sept. 30, Five9 did not obtain the required shareholder support for the merger agreement.

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Why Zoom Shares Are Falling

Shares of large technology companies, including Zoom Video Communications Inc (NASDAQ: ZM), are trading lower amid a rise in bond yields, which has weighed on growth stock valuations.

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