Why did zoom stock rise today

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Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. The tech stock gained as much as 7. The maker of the popular video-calling app, Zoom, saw its share price jump today, likely because some investors are concerned that rising COVID cases caused by the delta variant are bringing more restrictions. Zoom's app became the go-to service for communicating with friends, family, and colleagues during strict lockdowns and social distancing last year, and that helped drive up Zoom's share price in But when the U.

Most recently, with cases of COVID trending up again because of the delta variant, investors have once again focused their attention back on Zoom as a way to ride out coronavirus uncertainty. It's unclear whether Zoom's stock price will reach the same heights that it did last year, but it's becoming clear that investors believe the company could continue to grow as more cities across the U.

What's also clear is that after more than a year of investors trying to determine the best short-term pandemic plays, Zoom's rebound helps prove that keeping a long-term perspective on an investment is a better strategy. Cost basis and return based on previous market day close. Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of Discounted offers are only available to new members.

Calculated by Time-Weighted Return since Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Premium Services. Stock Advisor. View Our Services. Our Purpose:. Latest Stock Picks. Today's Change. Current Price. So what The maker of the popular video-calling app, Zoom, saw its share price jump today, likely because some investors are concerned that rising COVID cases caused by the delta variant are bringing more restrictions.

Image source: Getty Images. Zoom Video Communications. Motley Fool Returns Market-beating stocks from our award-winning service. Stock Advisor Returns. Join Stock Advisor. Our Most Popular Articles. Get Started Now. View Premium Services.

     

Why did zoom stock rise today -

 

Growth stocks have been clobbered this year amid inflationary pressures, high interest rates, and fears of a looming recession. Many growth names saw an why did zoom stock rise today rise in their businesses due взято отсюда pandemic-induced demand a Zoom Video Communications, Inc. The firm offers meetings, chat, rooms and workspaces, phone systems, video webinars, marketplace, and developer platform products. It serves the education, finance, government, and healthcare industries.

Its platform helps people to connect through voice, chat, content sharing, and face-to-face video experiences. The company was founded by Eric S.

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ET rlse Barron's. That Seems Жмите сюда Now. Zoom stock flies higher despite tech rout as earnings show why did zoom stock rise today is not just a pandemic darling May. ET by Wallace Witkowski. ET by Tomi Kilgore. Zoom stock walks back initial surge following earnings beat, improved profit forecast May. This Stock Is the New No. No Headlines Available.

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