But over the past few weeks some investors have begun to sell off their tech investments and take their gains from the past few months. This has pushed down the share price of some technology companies, including Zoom, if only temporarily. While Zoom's stock bounced back today, it's down from its high in early September.
How much further could zoom stock fall?
Mar 02, 2022 · Zoom is now 77% off of its all-time high set in late 2020 as its early pandemic boom continues to unwind, although shares are up over 90% since the …
Is Zoom a good stock to buy?
Dec 09, 2021 · Zoom shares closed 6% lower that day. The stock took another big hit two weeks later, making a 14.7% retreat on Nov. 23. This time, the culprit was a solid earnings report with hints of worse news ...
Is now the time to sell your zoom stock?
Dec 05, 2020 · Why Zoom Stock Is Down By Chris Hill - Dec 5, 2020 at 3:38PM You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services.
Why does zoom keep going down?
16 hours ago · Why Zoom Stock Zoomed Nearly 8% Higher on Wednesday. ... Why Zoom Video Communications, Datadog, and MongoDB Each Fell on Wednesday ... This Beaten-Down Nasdaq Stock Could Easily 10x.
Who owns Zoom Video?
Yuan then became Cisco's corporate vice president of engineering for collaboration software. He formed San Jose, Calif.-based Zoom Video in 2011. Yuan recently transferred roughly 40% of his ownership stake in Zoom Video, 18 million shares worth an estimated $6 billion, as gifts to an unknown entity.
When did Zoom bounce off its moving average?
On a weekly chart, Zoom bounced off its 10-week moving average in early August. The 10-week moving average often provides a new entry after a big run-up and stocks take a breather.
Who is Eric Yuan?
Eric Yuan, Zoom's chief executive and founder, came to the U.S. in 1997. He started out with WebEx Communications and eventually became its vice president of engineering. Cisco acquired WebEx for $3.2 billion in 2007. Yuan then became Cisco's corporate vice president of engineering for collaboration software.
Is Zoom a cloud phone?
The company's privacy policy notes that consumer data is shared for targeted advertising. Zoom Phone, a cloud-calling product rolled out in 2019, lets customers set up group internet phone calls without video. In addition, Zoom Phone competes with products from Cisco, Avaya and RingCentral.
Is Zoom free?
One key to Zoom's success has been a "freemium" business model. Zoom's basic video-calling package is free. Zoom puts limits on the number of participants in a group call and the length of meetings. Often company management learns about Zoom's software after an employee reports a positive experience.
