Previous Close | 113.23 |
Open | 107.82 |
Bid | 107.00 x 1200 |
Ask | 107.49 x 800 |
Day's Range | 103.32 - 109.92 |
52 Week Range | 79.03 - 357.93 |
Volume | |
Avg. Volume | 5,154,509 |
Market Cap | 32.58B |
Beta (5Y Monthly) | -0.61 |
PE Ratio (TTM) | 25.22 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Yahoo Finance Live anchors discuss the slide in Zoom stock after Citi downgraded its shares.
The catalyst that sent the teleconferencing stock lower was negative analyst commentary that painted a pretty bleak picture. Citi analyst Tyler Radke downgraded Zoom Video Communications stock to sell from neutral (hold), while assigning a $91 price target, according to The Fly. Ongoing macroeconomic weakness and uncertainty is taking a toll on small- and medium-size businesses (SMBs), a prime growth area for Zoom.
Citi doesn't like what it sees ahead of Zoom's Aug. 22 earnings report.