Zoom Video Shares Up 5% on Release of Hybrid Work Techlogy

Zoom Video Communications (NASDAQ:ZM) shares climbed more than 5% Tuesday as the company unveiled what it said is a new “digital canvas” for better collaboration between hybrid work teams. Zoom (ZM) said its new Zoom Whiteboard is designed to be a “visual collaboration tool” that will let remote workers have a more realistic experience that is similar to being in an in-person working environment. The new Zoom Whiteboard is designed to integrate with other Zoom (ZM) offerings such as Zoom Meetings, Zoom Rooms for Touch devices.

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