U.S. indices were trading higher and continued to gain as investors weigh Wednesday's Fed decision to keep rates unchanged. Markets also rebounded following recent weakness driven by China volatility.
Eric Yuan, Chief Executive Officer at Zoom Video Communications (NASDAQ: ZM), made a large buy and sell of company shares on September 20, according to a new SEC filing.
Someone with a lot of money to spend (and possibly insider knowledge) has taken an unusually bullish stance on Zoom Video Communications.
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Zoom Video Communications Inc (NASDAQ: ZM) is trading higher Friday after the Institutional Shareholder Services recommended to vote against the company's proposed bid to acquire Five9 Inc (NASDAQ: FIVN).