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Briefing

Zoom Shares Jump After Strong Earnings Report, Forecast

By
Kevin McLaughlin
· · Source: The Information

Zoom swatted away some of the doom and gloom that has surrounded the company this year, reporting solid earnings for the three months ending April 30 and a decent forecast for its current quarter. Its shares are up around 5% in after-hours trading after rising nearly 20% in the wake of the report. Still, investors seem to have low expectations for Zoom, one of the biggest bellwethers among...

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