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Zoom: A Decline That Makes Little Sense, Buy Confidently Here (Upgrade)
ZMZoom(ZM) Seeking Alpha·2024-07-15 16:28

fizkes/iStock via Getty Images Year to date, Zoom has shed nearly 20% of its value: underperforming the S&P 500 which has risen by nearly the same amount as Zoom has shot. Suprisingly, Zoom has continued to shed a tremendous amount of value since its last Q1 earnings release, despite the fact that the company raised its guidance outlook for the year. Guidance boost amid lowered valuation Zoom outlook (Zoom Q1 earnings deck) While Zoom isn't exactly growing anymore, neither is it in perpetual decline The one ...