Zoom Stock's Earnings Volatility Picked Up a Lot of Buyers
Zoom(ZM) marketbeat.com·2024-05-22 15:45
Key Points After reporting its first quarter 2024 earnings report, shares of Zoom Video Communications Inc. NASDAQ: ZM shook markets by initially plummeting as much as 4.6% from their closing price and swiftly rising back to show a 2.5% premium to the day's end. To put this price action simply, a significant amount of buying orders could have come in as Zoom stock hit its bottom in the after-hours. While nothing regarding price action can be taken as fact, investors can dig into the quarter's actual results ...