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Zoom (ZM) reported their quarterly earnings and posted revenue growth of 367%. Although impressive, the stock still sold off and was down more than -12% at one point during today's trading session. The company has managed to increase cash, user base, and net income, but do investors expect the growth to continue?
It's no secret that lockdowns during 2020 execelld the growth of the company, but many investors have doubts about if the growth will continue in 2021. The company's stock is up 600% year to date and now may be a good time to cash out.