Why Zoom Video Stock Is Rallying Today
Shares of Zoom Video Communications Inc. (NASDAQ: ZM) are rising today in anticipation of the company's fourth-quarter 2021 results, which will be released after the end of the trading day.
The tech stock had gained 7% as of 11:40 a.m. EST.
Investors may be optimistic that Zoom will report another strong quarter. Management said that revenue will be in the range of $806 million to $811 million, with non-GAAP diluted earnings per share of $0.78 at the midpoint of guidance.
Source Fool.com
