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Why is zoom stock price down – why is zoom stock price down: –

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Zoom — % of its shares were sold short at the end of October — faces a big challenge to restore the 61% of value lost value since its shares. Zoom shares crashed more than 16% to $ on Tuesday’s session. The steep sell-off pushed shares of Zoom into the red for the past year, down. Zoom’s (NASDAQ: ZM) stock price and growth are down significantly from their pandemic highs over the past two years. However, in this clip from “The Virtual.


Why is zoom stock price down – why is zoom stock price down: –

Russell Futures 1, Invest better with The Motley Fool. Last month’s drop was due entirely to negative market sentiment, especially among high-priced market darlings. Investors are concerned about slowing growth, which is bad news at a time when investors are moving away from riskier assets. Zoom had two financial press releases last month, and neither was particularly important for the stock’s valuation. Beyond the hype Other analysts note, however, that while not matching its meteoric rise during the pandemic, Zoom is not losing any ground and, in fact, continues to grow.


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