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Zoom Stock Impressive Fall So Far On Tuesday, Underperforms Market

Via News Editorial Team

December 1, 2020

Zoom Stock  Impressive Fall So Far On Tuesday, Underperforms Market

Shares of Zoom slid by a staggering 13.54% to $413.61 at 11:11 EST on Tuesday, after three consecutive sessions in a row of gains. The Nasdaq Stock Market is jumping 1.03% to $12,324.80, following yesterday's downward trend, on what up until now seems, an all-around positive trend trading session today.

Zoom's last close was $478.36, 42.37% under its 52-week high of $588.84.

Zoom's Sales

The company's growth estimates for the current quarter and the next is 326.7% and 220%, respectively.

Zoom's Revenue

Year-on-year quarterly revenue growth grew by 366.5%, now sitting on 1.96B for the twelve trailing months.

Zoom's Stock Top and Bottom Yearly Value

Zoom's stock is valued at $413.61 at 11:11 EST, way below its 52-week high of $588.84 and way above its 52-week low of $62.02.

Zoom's Moving Average

Zoom's worth is way under its 50-day moving average of $472.29 and way higher than its 200-day moving average of $341.97.

Previous days news about Zoom

According to yesterday's article on MarketWatch, "Zoom sales more than quadruple again, but stock still drops."

Zoom Stock Impressive Fall So Far On Tuesday, Underperforms Market | Via News