Zoom Faces Pressures as Stock Crashes and Growth Slows
Zoom has come a long way since its heyday during the pandemic, with its stock down 90% and challenging growth prospects ahead.
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Zoom has come a long way since its heyday during the pandemic, with its stock down 90% and challenging growth prospects ahead.
Shares of Zoom Video Communications Inc. have tumbled about 90 percent from their pandemic peak in October 2020 ...
The company, which became a household name during lockdowns due to the popularity of its video-conferencing tools, is trying to reinvent itself by focusing on businesses, with products such as cloud-calling service Zoom Phone and conference-hosting offering Zoom Rooms.
Turnaround is a few quarters away as competition from Teams, Webex, Slack gets intense
Shares of Zoom Video Communications Inc. have tumbled about 90 per cent from their pandemic peak in October 2020 as the former investor darling struggles to adjust to a post-COVID world.