These stocks are out of fashion now, like this, a cloud-based communications company with a video component that competes with Zoom. Last Tuesday, they reported a magnificent quarter with top and bottom line beats, but shares got crushed by nearly 20%. It's rolled back nearly all its gains it made during the pandemic. The subscription guidance was confusing and they're in a legal battle with Zoom Video.
They make call-center software and their videoconference platform competes with Zoom and it does well. The company is growing. They report next week.
A cloud-based communication firms with a video offering. It's a peer of Zoom Video. If they rally before they report next week then it will tell you a lot about the market's current attitude towards growth stocks.
RingCentral is a American stock, trading under the symbol RNG-N on the New York Stock Exchange (RNG). It is usually referred to as NYSE:RNG or RNG-N
In the last year, there was no coverage of RingCentral published on Stockchase.
RingCentral was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for RingCentral.
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0 stock analysts on Stockchase covered RingCentral In the last year. It is a trending stock that is worth watching.
On 2024-10-04, RingCentral (RNG-N) stock closed at a price of $30.98.