Zoom shares are trading higher amid strength in the broader tech sector. The company on Monday reported strong earnings and issued guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Zoom's shares are trading higher following the company's strong earnings report and guidance above estimates. This is also supported by the overall strength in the broader tech sector.
August 23, 2023 | 3:38 pm
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Zoom's strong earnings report and guidance above estimates, along with the strength in the broader tech sector, have led to an increase in its share price.
Zoom's strong earnings report and guidance above estimates indicate a positive financial performance, which is a key factor investors consider when buying shares. This, coupled with the overall strength in the tech sector, has led to an increase in Zoom's share price.
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