Zoom soundly beat top- and bottom-line estimates in its fiscal third-quarter report, which released Monday. But shares cratered 15% to $406.31 Tuesday after investors learned that the video conferencing company's mouthwatering growth rate powered by the pandemic could ease in the future.
"The truth is people are confused about Zoom and that confusion created opportunities all over the place today because the immediate pin action … was wrong," Cramer said.
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CRAMER says this , says that ! he’s not your financial advisor! LMFAO
90% of news about covid and trump