facebookWhen COVID-19 was at its peak, Zoom share price was soaring through the roof. But now that things are gradually going back to normal, is it a good time to sell the shares? - Seedly

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Anonymous

11 Nov 2020

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When COVID-19 was at its peak, Zoom share price was soaring through the roof. But now that things are gradually going back to normal, is it a good time to sell the shares?

I don't think it will be irrelevant anytime soon but for now it is hard to see how much future Zoom will have.

Discussion (2)

What are your thoughts?

Aidan Neo

Aidan Neo

11 Nov 2020

Financial Services Consultant at Manulife Financial Advisers

Depending on how corporations are adapting, because supposingly things get better, high chance is that more people will start going back to office for work.

Should this carries on with the possibilities and realisation of vaccine, Zoom revenue will certainly be affected but it can still remain as a communication channel for corporations depending on its usage on the companies itself.

Evaluate your opinion on the company business model and adjust your own profit/risk appetite. You'd probably figure out whether to sell completely/partially, hold the stock, or even buy more.

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