For another vantage point, consider that general electric co’s price has gone down 18 of the previous 30 trading days.
Writing the software for a videoconferencing platform doesn't take long at all.
The price move occurred on stronger volume; specifically, yesterday’s volume was up 33.78% from the day prior, and up 10.65% from the same day the week before.
With unemployment rate this high and uncertainty about future, how many people would start any new project?
After that, the is less short-covering support for the stock at these levels.
This will create negative press for $zm again over the wknd. https://www.indystar.com/story/news/local/indianapolis/2020/04/17/zoom-bombed-indiana-election-meeting-hit-pornography/5153959002/ 2.
Not surprisingly, this has created a perpetual state of uneasiness.
Disney+ subscriptions have surpassed 50 million users, impressive for a service that just launched in november.
The change in price came along side change in volume that was up 7.67% from previous day, but down 36.1% from the sunday of last week.
More will be shared in my full analysis available on 20 april 2020.