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Why zoom stock down
Why zoom stock down












And as a result of that revelation, stocks recovered all of yesterday’s losses and then some in Wednesday’s session. Email all feedback to the other hand… maybe some kind of stimulus measures before the election IS possible. And please let us know what you think of this format. Simply log on to and view the October episode here. ▪ Sheraz and Dan choose one portfolio to give feedback for improvement

why zoom stock down

Kevin answers what investors should do ahead of the election in Zacks Mailbag ▪ Tracey and Neena Agree to Disagree on whether the S&P 500 will retest its March lows SPECIAL ALERT: The October episode of the Zacks Ultimate Strategy Session is now available for viewing! Tune in to this “must-see” event when Kevin Matras, Jeremy Mullin, Tracey Ryniec, Neena Mishra, CFA, FRM, Dan Laboe and Sheraz Mian discuss the investment landscape from several angles. These customers are largely leaving the platform after having relied on it through earlier phases of the pandemic for events like meetings, classes, and group chats.Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close The shortfall mainly came from Zoom's online segment, which caters to small and medium-sized accounts. Executives had predicted a stronger Q2 showing, leaving Wall Street disappointed. While that result marked the company's fifth consecutive quarter of sales over $1 billion, it translated into just 8% growth year over year.

why zoom stock down

Management on Monday revealed that Zoom's sales landed at $1.1 billion for the selling period that ended in late July.

why zoom stock down

This week's decline came after the company posted surprisingly weak second-quarter results. In contrast to those prior gains, the stock is down over 50% so far in 2022. The slump added to a difficult year for owners of the video communications specialist, whose shares had soared through earlier phases of the pandemic.

why zoom stock down

The stock fell 14% through Thursday trading, compared to a 0.7% decline in the wider market, according to data provided by S&P Global Market Intelligence. Zoom Video Communications ( ZM -1.19%) shareholders lost ground to the market this week.














Why zoom stock down