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Markets rebound, Nvidia beatsOil climbs, stocks stabilizeStocks hit resistance as oil climbsThis summary was created by AI, based on 2 opinions in the last 12 months.
The experts agree that Zoom Video Communications Inc. experienced a significant drop in its stock value after the initial success during the Covid-19 pandemic. Competitors such as Cisco, Microsoft, and Google caught up with Zoom, causing the stock to fall from $588 to the mid-$70s. Investors who bought in at lower prices hoping for a rebound ended up getting burned as the stock went into free fall. The experts caution that it is difficult to differentiate between a damaged company and a damaged stock, and advise to buy and sell in tranches to minimize losses.
Profitable, but just sort of flatlined. You have to gravitate to the big guys, because those are the ones with the muscle and cash to spend, and can turn a profit from AI.
It topped $588 during Covid in October 2020, but competition came charging from Cisco, Microsoft, Google and others. Shares fell to about $75 in two years. There were points on the way down when some investors bought in, assuming shares were a bargain. But every time they bought they got burned. The stock was broken, in free fall.
A lesson is not to buy a damaged company (though buy a damaged stock). Zoom was THE Covid stock, but after the pandemic that success vanished as their competitors caught up to them, their cash position vanished and the company could not pivot to a new reality. Shares fell from $588 to the mid-$70s. Buyers along the way figured that shares could not fall further, but they did and those buyers got burned. The stock went into free fall. How to tell a damaged company from a damaged stock? You never know, so to minimize losses always buy and sell in tranches, not all in one shot.
It reports Monday. Is restructuring through layoffs. If it reports any growth, shares will jump. He hopes so.
A tough call. Great people there, but the business model isn't making enough money. They need a merger.
Zoom Video Communications Inc. is a American stock, trading under the symbol ZM-Q on the NASDAQ (ZM). It is usually referred to as NASDAQ:ZM or ZM-Q
In the last year, 2 stock analysts published opinions about ZM-Q. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Zoom Video Communications Inc..
Zoom Video Communications Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Zoom Video Communications Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Zoom Video Communications Inc. In the last year. It is a trending stock that is worth watching.
On 2024-10-11, Zoom Video Communications Inc. (ZM-Q) stock closed at a price of $70.68.
It went public in 20129, then soared during the pandemic, but tanked 90% from its peak. At that time, anything internet was beloved like the internet bubble of 2000.