Zoom Stock Falls As Beat-And-Raise Quarter Finally Lets Investors Down
Zoom Video Communications (ZM) reported third-quarter earnings and revenue late Monday that topped analyst estimates, but the size of its beat-and-raise earnings lagged earlier coronavirus pandemic-driven boom quarters. Zoom stock fell in extended trading. X The “work-from-home” stock had retreated heading into earnings amid positive vaccine news and a lofty valuation. San Jose, Calif.-based Zoom…
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