ZM Zoom Video Communications, Inc. Stock Quote – More from InvestorPlace
Founded in by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resourcesand more. Learn More. There wasn’t any major news about Zoom before its Feb.
Why zoom stock dropped – why zoom stock dropped: month’s drop was due entirely to negative market sentiment, especially among high-priced market darlings. Zoom had two financial press releases last month, and neither was particularly important for the stock’s valuation.
The company announced the resolution of a legal dispute with RingCentralthen it announced a new product update for contact centers. That news was overall slightly positive. There was no reason to think that Zoom’s financial fundamentals had changed meaningfully /14532.txt the month.
It became cheaper relative to sales and expected earnings. These dynamics become even more clear when Dgopped: price chart is compared to peers RingCentral and Atlassian.
All three stocks were clearly influenced by the same market sentiment. Zoom’s Feb. After that, the stock continued to slump as the Ukrainian conflict weighed on markets. Investors are concerned about slowing growth, which is bad news at a time when investors why zoom stock dropped – why zoom stock dropped: moving away from riskier assets.
The company has retained and stocj upon its COVID bump, but it’s settling into a phase that could never justify its previous valuation. The pricing is much more reasonable now at an 8. Cost basis and return based on previous market day close. Calculated by average return of all stock recommendations since inception why zoom stock dropped – why zoom stock dropped: the Stock Advisor service in February of Discounted offers are only available to new members.
Sgock by Time-Weighted Return since Volatility profiles based on trailing-three-year /3916.txt of the standard deviation of service investment returns. Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.
Premium Services. Stock Advisor. View Our Services. Our Purpose:. Latest Stock Picks. Today’s Change. Current Price. Zoom was pulled down by growth stock sell-off. Перейти на страницу source: Getty Images.
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Why zoom stock dropped – why zoom stock dropped:.Why Zoom Stock Dropped Today
Perf Quarter. Zoom earnings were much better than everyone feared: Analyst. A timeless bear market rule explains why dip buyers stok get a break: Morning Brief Yahoo Finance. Avg Volume.