Zoom shares tumble as revenue growth slows | Reuters
Since the middle of May, their shares have popped more than 10%, while the tech-heavy Nasdaq index has barely managed to stay flat. However, told a different story. With the pandemic forcing all of our interactions online, Zoom became a household name and the stock ended. Shares of Zoom fell about 14% to $ in early trading. The stock has nearly halved in value since hitting a peak of $ billion last.
ZM Stock | News | ZOOM VIDEO COMMUNICATIONS Stock Price Today | Analyst Opinions | Markets Insider
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. Mar 01, · Those customers’ trailingmonth net dollar expansion rate was %, meaning they spent 30% more on Zoom’s services than they did the year before. All told, Zoom’s adjusted net income increased Author: Joe Tenebruso. Dec 01, · Zoom shares fell nearly 14% on Tuesday morning. The company beat third-quarter earnings expectations on Monday but signaled its tremendous growth rate seems to be slowing. Eric Yuan, CEO, Zoom.