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Zoom Stock Extends Fall Amid Fears Growth Could Be Worse Than Advertised | Barron’s – What happened

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ET on InvestorPlace. The stock rose above the first green wedge pattern and now sits below the larger red falling wedge pattern.
 
 

 

Why did zoom stock drop today. Zoom Stock Extends Fall Amid Fears Growth Could Be Worse Than Advertised

 
All rights reserved. ET by Wallace Witkowski. SEC Filings. Analysts said this trend is likely to continue, putting pressure on Zoom to find new revenue streams and growth opportunities. Add Tickers. There’s someone less optimistic and sees the stock as range-bound.

 
 

Why did zoom stock drop today –

 
 

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Become a Motley Fool member today to get instant access to why did zoom stock drop today top analyst recommendations, in-depth research, investing resourcesand more. Learn More. Usage of Zoom’s cloud-based video, voice, and chat tools continued to grow at a rapid clip — and many of its free users chose to upgrade to premium packages.

Zoom Video Communications’ stock price pulled back sharply after its Q4 report. Image source: Getty Images. Zoom’s profitability was also impressive. The company will also face difficult year-over-year comparisons in fiscal This projected deceleration in growth is likely what led some investors to sell their shares on Tuesday.

Still, Yuan remains optimistic about Zoom’s long-term future. Cost basis and return based on previous market day close.

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Читать полностью Services. Stock Advisor. View Our Services. Our Purpose:. Latest Stock Picks. Today’s Change. Current Price. Management’s projections for decelerating growth gave investors cause for why did zoom stock drop today.

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