Zoom Video’s stock in danger of record selloff as nearly half the analysts cut price targets after earnings

Shares of Zoom Video Communications Inc. sank toward its first sub-$200 close in 18 months on Tuesday in the wake of fiscal third-quarter results, as some Wall Street analysts expressed concern over customer growth even as the videoconferencing-service company extended its streak of profit and revenue beats.

The stock
ZM,
-17.50%

plunged 18.0% in morning trading, putting it on track for the lowest close since May 29, 2020. It was also in danger…

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