Zoom Dropped From Nasdaq in Sign Pandemic-Era Darling Trade Is Over

New York | It’s the end of an era for the poster-child of pandemic-age stock darlings.

Story by Emily Graffeo and Brody Ford, Financial Review

Zoom Video Communications is no longer be a part of the Nasdaq 100 index as of the market open on Monday. The stock has underperformed every major equity benchmark in 2023, rising just 5.7 per cent, as fundamentals weaken and Wall Street analysts scale back expectations for growth.

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