Well why wouldn't zm fall? They will have some great earnings for a quarter or 2 but when tens of millions of people are back to work and zoom users drop like a rock that stock will probably be down a good 1/3 or more.
I don't follow the stock, but someone I know in the business ( with very current Silicon Valley connections ) likes the company and it's product. Remote work is growing exponentially even without the virus event. I really have no idea what the stock will do.
Zoom backlash More big companies are shunning the Zoom videoconferencing app over security concerns, including Daimler, Ericsson, NXP Semiconductors and Bank of America. India has even initiated a public content to develop a secure homegrown alternative. Bloomberg reports on an internal Daimler memo that warns of "various security gaps and data protection problems." Daimler, Ericsson and NXP are all using Microsoft Teams instead. Fortune
It seems to be omnipresent in Spain, both kids follow at least part of their school classes through Zoom, and their sports schools also use Zoom. Tkd starter to give classes through Instagram group videos but apparently they found Zoom better
Zoom numbers Does Zoom really have 300 million daily active users now, as it claimed in a blog post earlier this month? Probably not. As eagle eyes at The Verge noted, booming Zoom quietly edited that post to delete the reference, and to now claim that there are "300 million daily Zoom meeting participants." If you have multiple Zoom meetings in a day, your attendance is counted multiple times. The Verge