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-0.00381816672661368 -0.00294455357883965 0.00247627479733285 -1.38339374153332E-05 -0.0032648092300031 -0.0103899786957363 -0.00204327255623496 -0.00250394267216331
Stock impact report

Zoom Initiated 'Overweight' by Cantor Fitzgerald on 'Significant Upside Potential' Driven by Coronavirus [TheStreet.com]

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: TheStreet.com
The coronavirus pandemic presents "significant upside potential" for Zoom Video Communications(ZMGet ReportShares of the San Jose-based company were climbing 4.9% to $142.61."We believe the current Covid-19 environment presents significant upside potential not currently assumed in the stock," analyst Drew Kootman said in a note to clients. "Zoom provides a superior communication platform in a time where video and connectivity is becoming more important for all industries and business sizes."The coronavirus outbreak has sparked a virtual shutdown of the world's economy with many companies using Zoom to conduct online meetings to stay in operation while observing social distancing requirements.Kootman said he expected "the virus to provide upside to estimates and for the platform and its products to drive increased market penetration and future cross-selling opportunities."The analyst said he estimated the impact from Covid-19 may increase revenue for the company by about $80 million on Show less Read more
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