RingCentral Inc (RNG)

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RingCentral Inc (RNG) Profile

RingCentral Inc (RNG.xnys) for Desktop is a comprehensive communications solution with voice, fax, text, conferencing and web meetings. There is no need to use separate applications for your day-to-day calls, conferencing, or online meetings. Headquartered in Belmont, California, also has additional US offices in Denver, Charlotte, Boulder and Boca Raton, with international offices in Toronto, London, Paris, Singapore, Manila, Bangalore Xiamen, China, St. Petersburg, Russia and Odesa, Ukraine. United State Revenue: 1.2 billion USD (2020) Number of employees: 2,363 (December 2019) Market cap 18.045B US dollars. Ringcentral total assets for the quarter ending September 30, 2021 were $1.966B Subsidiaries: Ring central UK Ltd, RingCentral France. RingCentral Inc (RNG.xnys) News: AT&T is the second major mobile operator in the US to partner with RingCentral. In May, Verizon announced plans to combine RingCentral's cloud-based messaging, video, plus phone service with Verizon's 5G, mobile edge computing, SD-WAN, coupled with security services. Part of what makes RingCentral such a solid business phone solution is its reliability. It boasts a 99.999% uptime, the highest possible for cloud-hosted phone systems. This means the service is down for just a few minutes each year. RingCentral has numerous data centres worldwide.RingCentral, Inc. is an American publicly traded provider of cloud-based communications, collaboration solutions for businesses. RingCentral CEO Vlad Shmunis Traded on the New York Stock Exchange Revenue: 1.2 billion USD (2020)

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
16:30-23:00
Mon
16:30-23:00
Tue
16:30-23:00
Wed
16:30-23:00
Thu
16:30-23:00
Sun
Closed
Sat
Closed

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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