Zoom (ZM) Nosedives 11.6% After Earnings

We recently published 10 Stocks Investors Have Ditched. Zoom Communications Inc. (NASDAQ:ZM) was one of the worst performers on Thursday. Zoom Communications fell by 11.58 percent on Thursday to finish at $75.54 apiece, as investors appeared to have taken profits following the previous days’ surge—thanks to its strong earnings performance in the fiscal year 2026. During the period, Zoom Communications Inc. (NASDAQ:ZM) said that net profit surged by 88 percent to $1.9 billion from $1.01 billion in fiscal ...