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Stock impact report

Zoom Video Stock Rises 21.2% in 3 Months: Is it Time to Buy or Hold? [Yahoo! Finance]

Zoom Video Communications, Inc. - Class A (ZM) 
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Zoom Video Communications ZM has seen its stock price surge 21.2% over the past three months against the broader Zacks Computer and Technology sector's decline of 4.4%. This impressive rally comes after a challenging period for the video conferencing giant, which experienced a significant slowdown in growth following the pandemic-driven boom. The recent uptick in Zoom's stock price can be attributed to several factors raising questions among investors about whether now is the time to buy or hold onto existing positions. First, the company has been making strides in diversifying its product offerings beyond its core video conferencing platform. Zoom's expansion into areas such as contact centers, phone systems and AI-powered meeting assistants has begun to resonate with enterprise customers, potentially opening up new revenue streams. 3-Month Performance Image Source: Zacks Investment Research ZM's Innovation and Market Strength Fuel Growth Outlook Zoom Video continues to ma Show less Read more
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