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Read more about Video chat app Zoom unveils new products as its stock nosedives on Business Standard. The growth of Zoom has slowed down as in-person meetings resume and schools/colleges reopen<br>
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Video chat app Zoom unveils new products as its stock nosedives As countries reopen and millions rejoin offices, video collaboration and chat app Zoom has seen a massive erosion in its stock value -- nearly 80 per cent -- from its high in 2020. The demand for Zoom soared in the two years of the pandemic as companies shut offices and employees had to work from home. Remote learning and telemedicine also gave a boost to Zoom Video's cloud-based services. Now, the growth of Zoom has slowed down as in-person meetings resume and schools/colleges reopen. Zoom is now undergoing a year of transition in 2022. Read More