Zoom signals an end to pandemic boom times, and the stock is falling – MarketWatch

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While a 20% stock price drop is relatively small against the backdrop of year-to-date performance, it could be a sign of further downward. Executives predict revenue will grow much slower and profit will decline in as they attempt to build out the videoconferencing platform.
 
 

Why did zoom share price drop – why did zoom share price drop: –

 
The selloff in Zoom Video Communications Inc.’s stock may have gone too far. That’s the message from Benchmark Co. Shares of Zoom have underperformed the broader market over the past year. The stock outperformed through the first three months of the year. But. 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.

 

Bloomberg – Are you a robot?

 
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 stock price is at the pre-pandemic levels as if the six-fold growth in revenue didn’t happen. ¬∑ Work From Home has been a clear trend for. Just over two years later, travel restrictions are easing, the tech market is sagging amid rising interest rates, and Zoom’s stock price has.