Zoom Video Communications Inc (NASDAQ:ZM) shares are trading higher by 1.5% at $332.49 in Wednesday's premarket session after the company reported better-than-expected first-quarter EPS and sales results. The company also issued second-quarter and FY22 EPS and sales guidance above analyst estimates.
Microsoft Corporation (NASDAQ:MSFT) shares are trading higher by around 0.25% after KGI Securities analyst Freddy Chen initiated coverage with an Outperform rating and announced a price target of $300.
See also: How To Buy Zoom Stock
Canopy Growth Corp (NASDAQ:CGC) (TSX:WEED) shares are trading higher by 1.52% at $24.65 after Canaccord Genuity analyst Matt Bottomley upgraded from Sell to Hold and lowered the price target from CA$32 to CA$30.
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