Red Hot Zoom Stock Extends Explosive Rally Despite Analyst’s Warning14.4

By CCN: Despite experiencing its first bearish pause early Monday, Zoom’s stock rebounded and continued the rally. The stock initially dipped 2.8% Monday after spiking more than 72% on Thursday in Zoom’s Nasdaq debut. It’s clear Zoom’s stock remains widely in demand, driven by a combination of unusual profitability and proximity to similarly high-profile tech IPOs such as Pinterest and Lyft. At least one Wall Street analyst, however, believes it’s only a matter of time before investors cool to Zoom’s stock. Following the slight decline, Zoom’s stock immediately pared the losses, regaining upward momentum. Wall Street continues its unexpected love

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https://www.ccn.com/zoom-stock-rally-analyst-warning

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