Zoom Video Stock Pulls Back from Highs Before Earnings
Zoom(ZM) Schaeffers Investment Research·2024-11-21 03:56
Zoom Video Communications Inc (NASDAQ:ZM) is gearing up for its latest earnings report, due out after the close on Monday, Nov. 25. Zoom Video stock jumped 13% after its most recent report in August, though this was only the third post-earnings pop in the last eight quarters. The options pits are pricing in a 10.9% next-day swing this time around, regardless of direction. On the charts, ZM pulled back after its recent Nov. 13 two-year high of $87.15, though it's looking to snap that five-day losing streak t ...