Zoom confusion leads SEC to halt trading for Chinese company squib

The Feds on Thursday clamped down on trading in shares of an obscure, China-based company called Zoom Technologies, concerned that investors have been confusing it with the teleconferencing giant whose stock has surged amid the coronavirus crisis. The Securities and Exchange Commission said it suspended trading on the Chinese firm until April 9 because of...
Scroll for more
Continue reading on New York Post...
Tags: