Zoom stock slips as company comes clean about misleading user count

Zoom stock slips as company comes clean about misleading user count

Zoom shares continued their two-day slide after the company backtracked on a claim that it had 300 million users. The admission came after The Verge noticed the company had edited a blog post making the claim earlier this month. In a clarification, Zoom said that instead of ’300 million users,’ it had actually meant to say ’participants.’News of the reversal had the stock sinking 7% Thursday morn.

David
David
Max Bants
Max Bants 3 weeks

Oof

Top in Business
Get the App