The share price of Zoom, the US remote conferencing service, has doubled since the end of January, rising from $70 a share at the end of January to over $141 by 26 March. As more countries are forced into lockdown, firms which help to bring us together – for work or play – are thriving.
Zoom Video stock spikes by more than 100% since January
UK-based landlord Land Securities offered a glimpse of the impact of covid on office usage as it reported a £837m loss. Less than ten per cent of its office sites were in use and many of its tenants are now struggling to pay their rent.