Shares of Zoom dropped by a staggering 15.39% to $404.75 at 15:11 EST on Tuesday, after three successive sessions in a row of gains. The Nasdaq Stock Market is rising 1.55% to $12,388.10, following yesterday’s downward trend, on what up until now seems, an all-around positive trend exchanging session today.
Zoom’s last close was $478.36, 45.48% under its 52-week high of $588.84.
The company’s growth estimates for the present quarter and the next is 326.7% and 220%, respectively.
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 $404.75 at 15:11 EST, way under 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.”