Zoom skyrockets 15% to an all-time high ahead of quarterly earnings - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Zoom skyrockets 15% to an all-time high ahead of quarterly earnings

Famed economist David Rosenberg says investors are falling into a classic market trap that's historically preceded a further meltdown — and warns 'there's not going to be much of a recovery'

Even though all 50 US states have started to relax their coronavirus lockdown restrictions, not all workers will be returning to their offices anytime soon — Twitter and Square have adopted indefinite work-from-home policies, while Facebook said it expects half of its employees to telecommute for the next several years.

Also on Monday, Rosenblatt raised its price target on shares of Zoom to $150 from $95, sending shares higher. The firm reiterated its neutral rating on the company. Zoom has an average price target of roughly $128 from Wall Street analysts, and nine "buy" ratings, 15 "hold" ratings, and five "sell" ratings, according to Bloomberg data.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

God knows what Skype where doing, they had a 17 year head start. Zoom quickly came in and ate Skype's lunch.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

YouTube at 15: The inside story of YouTube's history - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. $THETA You left out the part how YouTube helped amplify white supremacists, flat earthers, anti-vaxxers, and other dangerous nutjobs, all for money to the detriment of society. 15 years to build one of the most detestable piles of shit ever unleashed on society
Source: BusinessInsider - 🏆 729. / 51 Read more »

YouTube at 15: The inside story of YouTube's history - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. $THETA You left out the part how YouTube helped amplify white supremacists, flat earthers, anti-vaxxers, and other dangerous nutjobs, all for money to the detriment of society. 15 years to build one of the most detestable piles of shit ever unleashed on society
Source: BusinessInsider - 🏆 729. / 51 Read more »

Amex sees slight improvement from billings - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Buy now, pay later startup Affirm launches high-yield savings account - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Joe Mullings says gig work will replace full-time jobs after COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. CONSULTANTS Consultancy 👍🏻👍🏻 Is there a maximum height for skyscrapers? The answer.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Top business stories this week: Minnesota protests, Silver Lake, healthcare startups - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. May God give Trump strength and strength. All Marauders on American Streets must be destroyed. An operation should be carried out in deep america (Puppet Obama, Journalists, Artists, Foundations, Senators behind) who caress the looters' heads.
Source: BusinessInsider - 🏆 729. / 51 Read more »