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– • Zoom’s share price | Statista

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Zoom stock just crashed — here’s the simplest reason why.What To Do With Your Zoom Stock Amid News of Strong Q4 But Weak Forecast | GOBankingRates

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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. There wasn’t any major news about Zoom before its Feb. Last 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 RingCentral , then 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 during the month. It became cheaper relative to sales and expected earnings. These dynamics become even more clear when Zoom’s 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 are moving away from riskier assets. The company has retained and built 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 of the Stock Advisor service in February of Discounted offers are only available to new members.

Calculated by Time-Weighted Return since Volatility profiles based on trailing-three-year calculations 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. Image source: Getty Images. Zoom Video Communications. Motley Fool Returns Market-beating stocks from our award-winning service.

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Why is zoom stock price dropping

 
Sep 28,  · Shares of large technology companies, including Zoom Video Communications Inc (NASDAQ: ZM), are trading lower amid a rise in bond yields, which has weighed on growth stock valuations. The year. Dec 26,  · On Thursday, the stock closed roughly 57% below its week high of $ Due to the advancement of the Covid vaccines, analysts’ average estimates for . Nov 09,  · 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 pressure on Zoom’s share price if the vaccine receives.

 

Why is zoom stock price dropping.Zoom stock just crashed — here’s the simplest reason why

 
Dec 26,  · On Thursday, the stock closed roughly 57% below its week high of $ Due to the advancement of the Covid vaccines, analysts’ average estimates for . Nov 09,  · For the three-month period ending July 31, Zoom announced a % year-over-year increase in revenue. On $ million of revenue, the company raked in . Aug 31,  · Further fueling the stock’s sell-off, a slew of Wall Street analysts lowered their price expectations for Zoom shares Tuesday morning, with Deutsche Bank’s Matthew Nikam noting the “sharply.