Why These 5 Stocks Are Trending on Friday

2. Zoom Video Communications, Inc. (NASDAQ:ZM) is trending after the company’s bid to buy Five9, Inc. (NASDAQ:FIVN) was rejected. The merger would have helped Zoom Video Communications, Inc. (NASDAQ:ZM) diversify. Catherine D. Wood‘s ARK Investment Management was long more than 3.66 million shares of Zoom Video Communications, Inc. (NASDAQ:ZM) at the end of June.