ZOOM SHARES UNDER PRESSURE DESPITE UPBEAT Q3 PRINT

Tuesday, 23/11/2021 | 09:14 GMT

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Zoom managed to surpass Street expectations for the quarter and also raised its full-year revenue forecast, despite facing tough year-over-year comparisons. However, the stock remained under pressure due to concerns around slowing growth with a waning of demand for its services as companies and educational institutions get back to normal.

Source: https://www.adss.com/en/market-updates/research/zoom-shares-under-pressure-despite-upbeat-q3-print/

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