6:30 PM · 31 August 2021

Zoom shares plummet as sales growth weakens

Zoom Video (ZM.US) stock plunges 16% following the release of quarterly results.  The video conferencing company reported quarterly earnings of $1.36 per share, well above analysts' estimates of $1.16  per share. Revenue of $1.02 billion also topped market expectations of $990 million. However company growth rate weakened as businesses and schools reopened. Zoom said sales in the third quarter are expected to rise about 31% which is sharply lower compared to the 355% growth in sales reported this time last year.

Zoom Video (ZM.US) stock launched today's session with a massive bearish price gap and is heading towards a major support zone around  $268.45 which coincides with 61.8 Fibonacci retracement of the last upward wave which started back in December 2019. Source: xStation5

31 July 2026, 12:34 PM

Market Wrap: European equities at 3-week highs! Apple dips in US premarket!

31 July 2026, 6:53 AM

Morning Wrap: AI Fuels the Rebound. Technology Makes a Strong Comeback

30 July 2026, 10:20 PM

Apple is still impressive, but the market is no longer impressed

30 July 2026, 9:48 PM

Amazon’s massive AI bet is starting to pay off

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits