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Why Zoom Video Stock Plummeted 29% in December | The Motley Fool.Zoom Video Communications (ZM) Stock Price, News – TheStreet
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Zoom Video Communications, Inc. It provides videotelephony and online chat services through a cloud-based peer-to-peer software platform used for video communications, messaging, voice calls, conference rooms for video meetings, virtual events and contact centers, and offers an open platform allowing third-party developers to build custom applications sgock its unified communications platform. Eric Yuan, a former Cisco engineer and executive, founded Zoom inand launched its software in The company first sotck profitable inand completed an initial public offering that year.
Beginning in earlyZoom’s software usage saw a remarkable global increase after quarantine measures were adopted in zoom video stock price today – none: to the COVID pandemic. Its software products have faced public and media scrutiny related to security источник статьи privacy issues. Prics Yuan. San Jose, California United States. Discover more. You may be interested in info Ztock list zoom video stock price today – none: generated from recent searches, followed securities, and zoom video stock price today – none: activity.
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Zoom Video Communications Stock Snapshot
ZM – Zoom Video Communications Cl A Stock Price – – The Washington Post reports school systems are dumping Zoom.
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Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. Yet one of the hottest ” coronavirus stocks ” — companies investors have so far considered immune to the ill effects of the virus — is falling.
As of a. For the answer, we turn to the pages of today’s The Washington Post , which reports “some school districts around the country have started to ban the use of Zoom for online learning from home. The Alpine School District in Utah is “reassessing” its use of Zoom, the Edmonds School District in Washington state is tightening security measures within Zoom, and “some elementary-school teachers” in Los Angeles are discontinuing use of Zoom on their own initiative, also reports the Post.
Is all this a tempest in a teapot, a concern that can be easily erased as teachers new to Zoom get better acquainted with how to use their security settings to keep intruders out of their online classrooms? In the meantime, though, the negative PR surrounding Zoom stock is growing, and Zoom stock is trading at a staggering 1, times trailing earnings — and even 53 times trailing revenue.
Even for often richly valued tech stocks , those numbers suggest that these shares were priced for perfection. The fact that Zoom has been found to be even slightly short of perfect therefore implies that the shares deserve to fall. Cost basis and return based on previous market day close.
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