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Here's why the Zoom Video stock is crashing after its earnings report

Source: invezz.com

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Here's why the Zoom Video stock is crashing after its earnings report

Zoom Video’s stock reversed sharply, sliding nearly 4% on Tuesday before dropping another 5.7% in premarket trading. The move ended a recent bull run that had lifted shares to their highest level in months, pointing to deteriorating near-term momentum/sentiment rather than an explicit fundamentals change.

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