Zoom Video Communications, Inc. (ZM) Stock Price, News, Quote & History – Yahoo Finance
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Single Accounts Corporate Solutions Universities. Popular Statistics Topics Markets. Premium statistics. Read more. The outbreak of the coronavirus COVD pandemic has changed the way many people communicate, personally and professionally. An increase in working from home WFH and social distancing has made face-to-face contact with relatives, friends, and colleagues harder.
Tracing the share price of Zoom — a prominent video communications service — shows how central web conferencing has become to keeping people in contact throughout the pandemic. Since then the share price has stumbled downwards, landing on Despite the fall from grace on the stock market, Zoom’s business is more robust than ever, both in terms of revenue and income. The company has really cashed in on the opportunity provided by the pandemic and has grown its business trememdously.
The work-from-home experiment A recent survey showed that in companies with digital output, 75 percent of respondents work either entirely in a work-from-home WFH setting , or in a hybrid arrangement. Web conferencing software is experiencing an increase in spending as a result, with 67 percent of respondents planning to increase their spending in this area.
Services such as Zoom are certain to see a reduction in user numbers when the pandemic is brought under control, but usage is unlikely to return to pre-pandemic levels. Hardware sales defy forecasts As well as increases in software and services that enable WFH, physical hardware has also seen an increase in sales, likely due to workers setting up offices at home. Following an initial dip caused by supply chain disruptions, increased demand, especially in the education and business sectors, saw PC shipments return to growth.
This defies forecasts made during the initial phases of the pandemic , when analysts expected a drop of anywhere from 1. Full access to 1m statistics Incl. Single Account. View for free. Show source. Show detailed source information? Register for free Already a member?
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How much did zoom stock go up in 2020 –
Zoom Video Communications (ZM %) was one of the hottest growth stocks of The video conferencing platform provider’s stock started. Zoom’s % stock price increase this year has lifted its market cap to $ billion, meaning the nine-year-old company is worth more than IBM. › news › technology › zoom-stock-buy-zm-stock-sell.
How much did zoom stock go up in 2020. Zoom: Still Just A One-Hit Wonder
A paid subscription is required for full access. This also applies to most of the software companies that are easily scalable and benefit from low funding requirements. Jeremy C. In terms of valuation, Zoom became a lot cheaper during the last couple of months. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. More content below.
How much did zoom stock go up in 2020
Zoom Video Communications (ZM %) was one of the hottest growth stocks of The video conferencing platform provider’s stock started. Zoom expects growth to continue, though at a slower pace than in The company guided for revenue of $ billion to $ billion. Shares of Zoom Video Communications (NASDAQ: ZM) have been cooling down in recent months. In mid-October, the video conference specialist’s.