Zoom’s Good Week Ends on Sour Note After Facebook Crashes Party [Yahoo! Finance News]
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: Yahoo! Finance News
) --In another winning week, shares in Zoom Video Communications Inc. ended on a sour note after Facebook Inc. disclosed plans for a competing video chat product.The news sent Zoom shares tumbling, eventually closing with a decline of 6.1% on Friday. Still, the stock managed to gain more than 5% for the week, fueled by a surge in users who have embraced the video-conferencing software for work and socializing while confined to their homes. Zoom’s shares have jumped more than 130% this year, vaulting the company into the ranks of some of the most valuable U.S. companies. At $44 billion, Zoom’s market capitalization is now bigger than nearly three-quarters of the companies in the Index.Investors have flocked to Zoom with much of the world home-bound to combat the spread of the novel coronavirus. On Wednesday, Zoom reported a 50% jump in users in the past three weeks. Along with Zoom’s success has come headache, with the San Jose, California-based company facing backlash over privacy an
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ZM
News
- Zoom Communications (NASDAQ:ZM) was upgraded by analysts at Citigroup Inc. from a "neutral" rating to a "buy" rating. They now have a $106.00 price target on the stock.MarketBeat
- Zoom reinforces commitment to AI literacy with national student learning experienceGlobeNewswire
- Zoom Opens Nominations for First U.S. Solopreneur 50 List, Recognizing AI-First Solo Business LeadersGlobeNewswire
- Zoom Communications (NASDAQ:ZM) had its "neutral" rating reaffirmed by analysts at Piper Sandler.MarketBeat
- Zoom Communications (NASDAQ:ZM) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating.MarketBeat
ZM
Earnings
- 11/24/25 - Beat
ZM
Sec Filings
- 1/16/26 - Form 144
- 1/15/26 - Form 4
- 1/14/26 - Form 4
- ZM's page on the SEC website