Here's Why Zoom Video Communications Stock Dropped Today
Shares of communications platform Zoom Video Communications (NASDAQ: ZM) dropped on Tuesday after the technology company reported financial results for its fiscal third quarter of 2025. Everything in the quarter was actually fine. But going into the report, Zoom stock was at a two-year high and had risen over 50% in just a few months.
It seems that financial results weren't quite inspiring enough to keep investors from taking recent profits off of the table. And that's why Zoom stock was down about 8% as of 2:45 p.m. ET.
To reiterate, Zoom's financial results beat expectations on both the top and bottom lines. Moreover, management even raised its full-year guidance. Previously its guidance was for revenue of $4.630 billion to $4.640 billion, whereas now the revenue guidance is modestly higher at $4.656 billion to $4.661 billion.
Source Fool.com
