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Zoom Video Communications, Inc. (ZM)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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487.90-28.11 (-5.45%)
As of 1:26PM EDT. Market open.
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Trade prices are not sourced from all markets
Previous close516.01
Open521.19
Bid487.85 x 900
Ask488.19 x 800
Day's range485.00 - 525.46
52-week range62.02 - 588.84
Volume6,252,605
Avg. volume10,361,523
Market cap138.769B
Beta (5Y monthly)N/A
PE ratio (TTM)623.12
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • How Has Zoom Soared 676% This Year, but Still Costs Only $1?
    Motley Fool

    How Has Zoom Soared 676% This Year, but Still Costs Only $1?

    Zoom Video Communications (NASDAQ: ZM) has had a very good run this year, with its share price climbing from $68.80 on Jan. 2 all the way to $528.10 near the end of October. While there's an argument to be made that Zoom may be overvalued, rising coronavirus cases and Zoom's plans for growth (including expansion into online event hosting) suggest the stock could still be a buy. Instead, many major brokerage firms now allow you to buy fractional shares.

  • The Zacks Analyst Blog Highlights: Beacon Roofing Supply, 1-800-FLOWERS.COM, RH, Zoom Video and Sportsman's Warehouse
    Zacks

    The Zacks Analyst Blog Highlights: Beacon Roofing Supply, 1-800-FLOWERS.COM, RH, Zoom Video and Sportsman's Warehouse

    The Zacks Analyst Blog Highlights: Beacon Roofing Supply, 1-800-FLOWERS.COM, RH, Zoom Video and Sportsman's Warehouse

  • David Einhorn Says Tech Stocks Are in an ‘Enormous’ Bubble
    Bloomberg

    David Einhorn Says Tech Stocks Are in an ‘Enormous’ Bubble

    (Bloomberg) -- Investor David Einhorn said technology stocks are in an “enormous” bubble and he has added a set of short wagers to profit from it.“The question at hand is where are we in the psychology of this bubble?” the head of hedge fund Greenlight Capital wrote in an Oct. 27 note, seen by Bloomberg. “Our working hypothesis, which might be disproven, is that September 2, 2020 was the top and the bubble has already popped. If so, investor sentiment is in the process of shifting from greed to complacency.”Tech stocks have driven the market’s rally this year. The Nasdaq 100 Index is up 33% since Jan. 1, led by gains in Zoom Video Communications Inc. and Tesla Inc. By contrast, the S&P 500 has risen 5.3%.As signs of a bubble, Einhorn points to a mania in IPOs, a huge market concentration in a small group of stocks or a single sector, extraordinary valuations and “incredible” trading volumes in speculative instruments.As a result, Greenlight has adjusted the portfolio of companies its wagering against by adding a fresh so-called bubble basket of mostly “second-tier companies and recent IPOs trading at remarkable valuations,” he wrote. Einhorn has long held what he calls a bubble basket of short wagers which have included tech giants such as Amazon.com Inc. and Netflix Inc.A spokesman for the firm declined to comment.This isn’t the first time Einhorn has flagged a tech bubble. In early 2016, he “prematurely identified what we thought was a bubble,” he wrote in the letter.It’s been a difficult road for Greenlight recently. The fund is down 16.1% through September, and has been trying to recoup losses that began in 2015. As of Jan. 1, the firm managed $2.6 billion, down from a peak of $12 billion.Other highlights from the letter:The coming election may rank “among the most perilous times, absent war, in modern American history.” A “tempest” of troubles related to the Covid pandemic -- including inequities, violence and calls for social change -- could explode after the election, no matter which side wins.The fund started “medium-sized” long positions in information technology company Synnex Corp., Austrian sensor maker AMS AG, and ATM-manufacturer NCR Corp.While a few Greenlight employees are working from the firm’s New York offices, which have been open since late summer, most of the staff continues to work from home, he said.(Adds additional comments on tech starting in seventh paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.