A whale with a lot of money to spend has taken a noticeably bearish stance on Zoom Video Comms.
Looking at options history for Zoom Video Comms (NASDAQ:ZM) we detected 21 strange trades.
With markets in correction territory amid rising inflation concerns and ongoing geopolitical tensions, investors are looking for opportunities. Some of the best opportunities might be hiding in beaten-down acquisition targets, according to Gene Munster of Loup Ventures.
Cathie Wood-led Ark Investment Management scooped up more shares of social gaming platform Roblox Corp (NYSE: RBLX) and videoconferencing developer Zoom Video Communications Inc (NASDAQ:
Cathie Wood-led Ark Investment Management on Wednesday significantly lowered its exposure in Walt Disney Co (NYSE: DIS), its second major reduction in the entertainment giant company’s stock since buying the first shares in May last year.
Bottom fishing is a tempting but dangerous sport that can be rewarding if good risk management is used. It is more difficult when trying to pick a bottom in an issue that has been prolonged downtrend since July 2020.
Shares of Zoom Video Communications (NASDAQ: ZM) are down nearly 3% today after the communications technology company once again reported disappointing results.
Zoom Video Communications Inc (NASDAQ: ZM) is trading lower Tuesday morning as investors worry about the post-pandemic durability of the company after Zoom issued weak guidance during its quarterly report.
The company's management remains optimistic.