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Stock impact report

Zoom Video Communications: Setting The Stage To Take Off Again [Seeking Alpha]

Zoom Video Communications, Inc. - Class A (ZM) 
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm Check Earnings Report
Company Research Source: Seeking Alpha
Despite an 'ugly' stock chart, Zoom is a profitable company with strong financial results and trading near all-time valuation lows. Management expects growth to re-accelerate in the back half of 2024 and into 2025 as the company continues to roll out its full collaboration suite services. What A Difference A Pandemic Makes While difficult to quantify, we don't think it would be very controversial to say that virtually no company benefitted quite as uniquely as Zoom Video Communications, Inc. ( NASDAQ: ZM ) from the lockdowns that ensued during the COVID-19 pandemic. It was during this time that the company achieved something that very few companies do--its name was used as a verb in common parlance due to the ubiquitousness of its service. People didn't say, "Let's jump on a video call." Instead, they said, "Let's jump on a Zoom." The ensuing mania in the early days of COVID-19 saw the stock's price explode from the ~$85 range to a whopping $588 at its peak. Since then, howev Show less Read more
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