Equity News
Zoom Video Communications, Inc. (ZM) Stock Plunged But is Bouncing Back
Zoom Video Communications, Inc. (ZM), a company providing video-first communications platforms, declined 6.49% in aftermarket trading session and lipped to $119. At the last check, however, the stock had gained its momentum back and was trading at $130.55. During Monday’s regular trading session, the stock surged by 5.81% and closed the day at $132.6. The sharp decline in aftermarket could be attributed to the announcement of financial results, which depicted that the profit earned by the company was less than what the estimates suggested. That in turn forced caused the stock to slump. FY 2022 Results On Monday, after the
