Here's Why Zoom Video Communications Stock Dropped Today
Zoom(ZM) The Motley Fool·2024-11-27 05:02
Shares of communications platform Zoom Video Communications (ZM -6.26%) dropped on Tuesday after the technology company reported financial results for its fiscal third quarter of 2025. Everything in the quarter was actually fine. But going into the report, Zoom stock was at a two-year high and had risen over 50% in just a few months.It seems that financial results weren't quite inspiring enough to keep investors from taking recent profits off of the table. And that's why Zoom stock was down about 8% as of 2 ...