FinancialBuzz.com News Commentary
NEW YORK, April 5, 2021 /PRNewswire/ — For most industries, the impacts of lockdowns and social-distancing measures imposed over the course of the year by governments around the world to contain the pandemic have been financially devastating. For video-streaming services and online video content in general, the pandemic crisis has been an opportunity. Besides the spike in entertainment consumption, video communication through the internet is now more relevant than ever before. As such, both work and education now heavily depend on online video conferences, video meetings, recorded lectures or tutorials as well as live lessons. Additionally, as a result of social distancing and quarantine measures, video conferencing platforms such as Zoom and WebEx are now at peek popularity, as are learning management systems like Instructure’s Canvas, Blackboard and Google Classroom. Meten EdtechX Education Group Ltd. (NASDAQ: METX), Zscaler, Inc. (NASDAQ: ZS),Square, Inc. (NYSE: SQ), Ebang International Holdings Inc. (NASDAQ: EBON), HIVE Blockchain…