Why did zoom stock drop

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Quarterly Results | Zoom Video Communications, Inc. – What happened

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Since then the share price has stumbled downwards, landing on U.S. dollars on February 9, Despite the fall from grace on the stock market, Zoom’s. Zoom Video Communications Inc. projected sales for the current quarter that fell short of Wall Street’s estimates, ramping up pressure on. “We’re just not seeing any material impact from the broader economic world our demand environment where demand is very strong,” said founder and co-CEO Marc.
 
 

 

Zoom Video Communications (ZM) Stock Price, News – TheStreet – Key Points

 
Mar 01,  · Moreover, Zoom’s growth investments will weigh on its profits. The company guided for its adjusted earnings per share to decline by roughly 30% to $ Still, CEO Eric Yuan believes these. Jan 12,  · It only makes sense that as pandemic lockdowns eased and Zoom’s temporary surge in growth faded, investors would begin to cool on the stock. The stock price decline has been steep, possibly pushed. Nov 09,  · If more people return to in-person work or if social distancing rules are eased, or both, fewer people could use Zoom. While a 20% stock price drop is .

 
 

– Bloomberg – Are you a robot?

 
 
“We’re just not seeing any material impact from the broader economic world our demand environment where demand is very strong,” said founder and co-CEO Marc. Zoom Video Communications Inc. projected sales for the current quarter that fell short of Wall Street’s estimates, ramping up pressure on. (NASDAQ:ZM) has seen its stock surge to unsustainable heights during the pandemic. However, those heady days are well over as Zoom’s revenue.

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