
Zoom Video Communications, Inc (NASDAQ:ZM) was trading up about 5% at one point on Monday, as the company headed into its fourth-quarter earnings print after the market close.
When Zoom printed its third-quarter results on Nov. 22, the stock gapped down almost 10% the following day and continued in the steep downtrend, which has brought the stock down over 77% from its Oct. 19, 2020 all-time high of $588.84.