the Bullish Report on Zoom Video Communications, Inc.
Wimi will become Chinese Zoom.
The company has made a handsome profit this year.
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When you’re a growth stock the markets don’t like growth slowing. I fear this’ll keep dropping until it reached 10/12x earnings which would be a further fall of 20% from todays values.
Zoom beats estimates even as revenue growth is poised to slow after pandemic
Zoom indicated that revenue growth will slow to 19% in the current quarter, compared with over 300% growth last year following the onset of the coronavirus.
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