Zoom shares slip over security concerns, rising competition

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Go back to Zoom shares slip over security concerns, rising competition

Argus Reiterates Hold Rating on Zoom Video (ZM) Following COVID-19 Run-Up

April 8, 2020 7:09 AM EDT

Argus analyst Joseph Bonner reiterated a Hold rating on Zoom Video (NASDAQ: ZM) following an increase in usage. Zoom has witnessed a 20-fold increase in users during the pandemic, though most of the increased usage is likely exploiting the companys free tier of... More