Zoom Is Down 88% From Its All-Time High, Is Cathie Wood Still Right About This Once Unstoppable Stock?
ZMZoom(ZM) The Motley Fool·2024-01-23 21:42

The spread of COVID-19 emptied out offices around the world. Employees at all levels worked from home and relied on enhanced cybersecurity protocols and video conferencing tools to stay productive. One company that played a big role in the shift to remote work was Zoom Video Communications (ZM 0.80%). Unsurprisingly, Zoom experienced unparalleled demand as businesses required the ability to meet virtually. Moreover, as corporate executives touted the benefits of remote work, many started to believe that ret ...