Why Zoom Video Communications Stock Fell Friday
Shares of Zoom Video Communications (NASDAQ: ZM), a video conferencing and collaboration software platform, were hit hard on Friday. The stock fell as much as 14.2% and finished the trading day down 7.5%.
The tech stock's decline likely reflects some Zoom investors taking profits after a sharp run-up during the week, even as the market fell sharply.
Image source: Getty Images.
Source Fool.com
