3 Reasons Zoom Stock Should Bounce Back
When your shares are priced for perfection, it seems that even being better than perfect isn't enough. Shares of Zoom Video Communications (NASDAQ: ZM) plummeted 15% on Tuesday despite coming through with blowout financial results for its fiscal third quarter.
There's a lot to unpack here, but let's start by pointing out that Zoom continues to be one of this year's hottest stocks. Even after this week's sell-off, the stock is still nearly a six-bagger, up 497% in 2021 through Tuesday's close. And the party isn't over. Let's see why Zoom should bounce back, and continue to trounce the market in 2021.
Image source: Zoom Video.
Source Fool.com
