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Tag: NASDAQ: ZM

Stock Investing

Zoom’s (ZM) Stock Remained More Volatile With Vaccine News

Shares of corporate video solutions designer Zoom Video Communications Inc. (ZM), settled at a loss of -1.10 percent to $399.15 on Monday. The stock remained more volatile after emergence of the vaccine news last week. The vaccine announcement by Moderna Inc (MRNA) this week has also been adding to that as the Covid-19 vaccine is anticipated to be available in the next year, a scenario which will lessen the demand of video services solutions. A report about the rise in the number of cases of COVID-19 in the United States was the catalyst of the growth of ZM stock in