Zoom stock steadies in premarket after 11% jump on billion-dollar Anthropic stake talk
Zoom shares surged 11.3% to $95.46 Monday after a Baird analyst highlighted the company’s stake in AI startup Anthropic, valuing it at up to $4 billion. The rally follows reports Anthropic may raise $10 billion at a $350 billion valuation. Investors await updates on Anthropic’s funding and Zoom’s earnings. Zoom stock remains 83% below its 2020 peak.