Zoom Stock Surges After Beating Earnings Estimates
Zoom released its earnings for the second quarter on Monday, beating analysts' expectations. The company's stock surged 5% after the closing bell, with its revenue guidance for the third quarter remaining flat.
Revenue for Q2 was $1.14 billion, beating Wall Street estimates of $1.11 billion....
Zoom Fires President Greg Tomb in a Surprising Move, Causes Concerns Among Investors
Videotelephony giant Zoom made a surprising move on Friday by firing its President Greg Tomb. The move caused concerns among investors and continued this week’s negative trend for the company’s stock.
Tomb, a high-profile former executive for Google, took the position in June and was...