Shares of Zoom Video Communications Cl A (ZM) are trading -6% lower at a price of $101.845 at the time of this writing.
Zoom Video Communications Cl A has been trading between a 52-week high of $404.35 and a 52-week low of $79.03. The stock has a market cap of $29.1 Billion.
Zoom Video Communications, Inc. brings teams together to get more done in a frictionless and secure video environment. Its easy, reliable, and innovative video-first unified communications platform provides video meetings, voice, webinars, and chat across desktops, phones, mobile devices, and conference room systems.
Headlines
Russia fines Apple and Zoom alleging foreign data storage • The Register
Techtelegraph 07-13-22
Russia fines Apple for violating data storage law
WNYT 07-12-22
Apple, Zoom Fined By Russia For Data Storage Violations – Report
Silicon UK 07-12-22
U.S. Stocks Turn Higher; PepsiCo Posts Upbeat Q2 Results
Benzinga 07-12-22
Why Markets Are Trading Mixed; US Small Business Optimism Tumbles To This Level
Benzinga 07-12-22
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:leightdogg - 2 upvotes -
sourceWhat would you say was your biggest mistake? Holding meta? Pton? Zm?
Usual_Cow6410 - 2 upvotes -
sourcejust wait until zm coin and roku gets hit by reality. and tsla