Over 1 Year Ago
1 Min Read
RNG shares fell -5% today. Here's what's happening:
Shares of Ringcentral Inc (RNG) are trading -5% lower at a price of $42.61 at the time of this writing. While the Information Technology sector is having a bullish day in general, the company is lagging it's peers.
- RingCentral is being downgraded by analysts because they see the company as not providing a good enough communication platform for their workforce.
- RingCentral has been chosen by Big Ass Fans to power its hybrid workforce, which will allow employees to work from anywhere more effectively.
Ringcentral Inc has been trading between a 52-week high of $315 and a 52-week low of $42.47. The stock has a market cap of $3.64 Billion.
RingCentral, Inc. is a leading provider of business cloud communications and contact center solutions based on its powerful Message Video Phone™ (MVP™) platform. More flexible and cost effective than legacy on-premise PBX and video conferencing systems that it replaces, RingCentral empowers modern mobile and distributed workforces to communicate, collaborate, and connect via any mode, any device, and any location.
Headlines
RingCentral® Selected by Big Ass Fans® to Empower its Hybrid Workforce with a Highly Collaborative Communications Solution
Business Wire 08-23-22
RingCentral Selected by Big Ass Fans to Empower its Hybrid Workforce with a Highly Collaborative Communications Solution
Wallstreet:Online 08-23-22
Friday’s Top Analyst Upgrades and Downgrades: Costco, Dish Network, Fortinet, Levi Strauss, Match, RingCentral, Robinhood, Yum Brands and More
24/7 Wall street 08-05-22
Zoom, RingCentral Are Buys, One Analyst Says. Video Communication Has Room for Growth.
Barron''s 08-04-22
Bancroft Delivers A Better Experience for Those Living with Autism and Other Neurological Disabilities and Its Staff Using RingCentral Cloud Communications Solutions
Wallstreet:Online 08-04-22
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