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Zoom's Business Is Slowing Down, But Its Stock Price Is Still Exorbitant | InvestorPlace.Zoom share price decline steepens as revenue growth shrinks | S&P Global Market Intelligence
- How to buy Zoom Video Communications stock - (NASDAQ: ZM) stock price $ |
The Street is unclear on how to value Zoom as its growth slows with people returning to offices and schools, despite the lingering pandemic. So the only course of action right now it seems — sell Zoom's stock ZM and wait for more stable waters. Radke called the earnings report disappointing. The steep sell-off pushed shares of Zoom into the red for the past year, down about 2. Added Steckelberg on the growth slowdown, "When we look out through what we have seen is a slowdown in the online segment of the business, which again, even though the pandemic seems to be far from over, we are happy that people are feeling more comfortable out traveling.
And that's really where we're seeing the slowdown. And if you back all the way up to when we gave guidance at the beginning of the year, we had expected that towards the end of the year, but it's just happened a little bit more quickly than we expected. And we, of course, feel good that people are out moving around the world. But It's certainly creating some headwinds, as we've said, in the online segment of our business.
Analysts are taking a mostly guarded view on Zoom in the near-term, even though many acknowledge the company will benefit from the long-term shift to hybrid work. Brian Sozzi is an editor-at-large and anchor at Yahoo Finance. Read the latest financial and business news from Yahoo Finance. Stock splits typically have led to oversized returns, says Bank of America. Look beyond the popular growth stocks.
A healthy stream of income awaits. It's certainly understandable; getting more shares of your favorite company can bring a smile to the faces of even the most stoic among us. It's also true that companies that announce their intentions to split their stock tend to see their share prices run up as the split date approaches.
All this buying can drive share prices up, bringing in more momentum traders and adding fuel to the fire. Energy prices are soaring. But bargain-hunter Buffett continues to bet on big oil. The CEO of the electric vehicle maker wants to appease worried markets after one of his worrying messages about Tesla. Stocks fell last week, but was it constructive?
Tesla tumbled on Elon Musk's "super bad" warning. Apple WWDC is due. Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet's Quant Ratings, , we zero in on three names.
While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. Snap Inc. Meanwhile, the Federal Reserve enters a blackout period before its next policy-setting meeting later this month. Europe, where Tesla has just opened a production site, is an important market for the electric vehicle manufacturer and its CEO.
The metaverse offers added opportunities for a variety of tech stocks. Although big drops in the stock market can be unnerving and tug on investors' emotions, they're also, historically, an excellent time to put your money to work.
Corrections and bear markets tend to run their course relatively quickly, and all notable declines throughout history have eventually been erased by a bull market rally. All three major indexes finished the week lower. As the world faces war, an ongoing public health crisis, and social injustice, corporate executives have found themselves facing questions from their own employees about whether or not they plan to take a stand. From buying groceries to gasoline to automobiles, inflation has hammered Americans' purchasing power.
In fact, the most well-known metric of inflation has soared to a four-decade high. These two stocks will pay you in your sleep and alleviate your concerns about the ongoing tech sell-off. If oil keeps rising, it would be great news for energy stocks—and oil exploration stocks in particular. Bloomberg -- From Seattle to Silicon Valley to Austin, a grim new reality is setting in across the tech landscape: a heady, decades-long era of rapid sales gains, boundless jobs growth and ever-soaring stock prices is coming to an end.
Markets closed. Dow 30 32, Nasdaq 12, Russell 1, Crude Oil Gold 1, Silver Vix CMC Crypto FTSE 7, Nikkei 27, Read full article. More content below. In this article:. Story continues. Read more. Recommended Stories. The Independent. Motley Fool. Investor's Business Daily. Yahoo Finance.
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