Why Zoom Stock Topped the Market on Tuesday
Companies often benefit when a big peer is cut down to size, and that was the case with several specialty tech stocks on Tuesday. One of these was Zoom Video Communications (NASDAQ: ZM), which saw its shares outperform the slumping S 500 index by rising nearly 2.2% against the index's 0.4% fall.
The peer in question in Zoom's case is ever-mighty (NASDAQ: MSFT).
Last Friday, under pressure from the competition-sensitive European Union (EU), the tech giant announced it would essentially unbundle its Teams productivity and communications app from the Office software suite. Starting Oct. 1, it will allow EU customers to subscribe to Office without Teams; the latter will be priced at 2 euros ($2.16) per month as an optional add-on.
Source Fool.com
Microsoft Corp. Aktie
Microsoft Corp. sticht hervor mit 109 Buy- und nur 2 Sell-Einschätzungen.
Das von der Community festgelegte Kursziel von 426 € für Microsoft Corp. deutet auf ein leichtes Wachstumspotenzial im Vergleich zu 379.6 € hin.
