U.S. Stocks' Wall of Worry Rises Far Beyond the Omicron Variant [Business News Network (BNN) (Canada)]
Zoom Video Communications, Inc. - Class A (ZM)
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm
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Source: Business News Network
While the newly discovered virus strain has been one of the main catalysts for the recent slump in U.S. stocks, action under the surface points to concerns about the Federal Reserve, inflation, valuations, year-end volatility and perhaps even some some profit-taking after a solid year of gains. The selloff is the broadest since the worst pandemic fears last year, at least according to a gauge tracking shares hitting 52-week lows relative to those at highs. “Both Covid headlines and the perception that the Fed will tighten in the face of a negative shock to the economy are weighing on equities,” said Peter Berezin of BCA Research. Delta Blues When the delta variant was emerging as a concern, investors rotated to stay-at-home and defensive growth stocks, and away from reopening shares. This time around, a wider swath of the market has suffered -- including technology names that should benefit from further restrictions such as Zoom Video Communications Inc. and Netflix Inc.
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News
- Zoom Video Communications (ZM) Stock Moves -0.82%: What You Should Know [Yahoo! Finance]Yahoo! Finance
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- Zoom Video Communications, Inc. (NASDAQ: ZM) was upgraded by analysts at Rosenblatt Securities from a "neutral" rating to a "buy" rating. They now have a $75.00 price target on the stock.MarketBeat
- Zoom Video Communications (ZM) Stock Slides as Market Rises: Facts to Know Before You Trade [Yahoo! Finance]Yahoo! Finance
- Zoom Video Communications, Inc. (ZM) is Attracting Investor Attention: Here is What You Should Know [Yahoo! Finance]Yahoo! Finance
ZM
Earnings
- 2/26/24 - Beat
ZM
Sec Filings
- 4/22/24 - Form 4
- 4/19/24 - Form 4
- 4/18/24 - Form 144
- ZM's page on the SEC website