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Shares of Zoom fell Tuesday after the video-chat company warned investors of a revenue slowdown. · The report led Wall Street banks to slash. Zoom stock formed a cup chart pattern over nearly eight months, hitting a low of on Oct. 23, , down 43% from its all-time high. ZM.

– Why did zoom shares drop – why did zoom shares drop:

Aug 31,  · With today’s share price drop, the company’s stock is down % year to date. The fact is that Zoom’s business is still growing, but with the company’s share price trading at . Sep 02,  · Shares of Zoom Video (ZM %) have dropped today, down by 7% as of p.m. EDT, as investors took profits off the table following a massive surge this week. The videoconferencing specialist. Dec 06,  · What happened. Shares of video conferencing standout Zoom Video Communications (ZM %) didn’t quite zoom this morning. They plunged after the company reported its fiscal Q3 results at Estimated Reading Time: 2 mins.


Why Zoom Video Stock Is Cratering Today | The Motley Fool.Zoom Earnings: What to Look For From ZM


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Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. While the popular video calling platform beat analysts’ consensus revenue and earnings estimates, investors appear disappointed that customer growth is slowing.

The tech stock had fallen by But despite the company beating analysts’ top- and bottom-line estimates, investors were focused on the company’s slowing customer growth. Zoom’s stock was a major pandemic play last year when schools went virtual, businesses weren’t conducting in-person meetings, and people were spending nearly all of their time at home. But as some businesses and offices have opened back up and many schools have returned to in-person learning, some investors have sold off their Zoom shares.

With today’s share price drop, the company’s stock is down The fact is that Zoom’s business is still growing, but with the company’s share price trading at 77 times the company’s forward earnings, some investors don’t believe Zoom is growing fast enough to justify the company’s premium pricing. Cost basis and return based on previous market day close. Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of Discounted offers are only available to new members.

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Latest Stock Picks. Today’s Change. Current Price. Investors aren’t happy with the company’s slowing customer growth. Image source: Zoom Video Communications. Zoom Video Communications. Motley Fool Returns Market-beating stocks from our award-winning service. Stock Advisor Returns. Join Stock Advisor. Our Most Popular Articles. Wondering What’s Next for Inflation and Consumers? Walmart Just Released a Big Hint. Get Started Now. View Premium Services.


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