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StockNews.com
StockNews.com
Business
Subhasree Kar

Zoom Video Communications (ZM): Buy, Sell, or Hold?

ZM Zoom Video Communications Pandemic Zoom Video Communications Inc

The COVID-19 pandemic led to the adoption of remote work and study, increasing the demand for technology and services supporting the new trend. Video conferencing company Zoom Video Communications, Inc. (ZM) largely benefitted from the trend.

From increased customer adoption rates to strategic partnerships, ZM positioned itself as an industry leader in video communications. While the return to physical work and study spaces post-pandemic caused a massive revenue decline for most work-from-home beneficiaries, ZM has been showing some rebound lately. The company delivered better-than-expected results in its last reported quarter.

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