Why Zoom Video Stock Fell 6% on Thursday
Shares of Zoom Video Communications (NASDAQ: ZM) took a hit on Thursday, falling more than 6% as of 1:50 p.m. EDT.
The decline likely reflects the stock taking a breather after a wild run-up this year. Some other growth stocks that have crushed the market in 2020, including Fastly, Shopify, and Peloton, also fell a few percentage points or more on Thursday.
Image source: Zoom Video Communications.
Source Fool.com
