Zoom Video stock keeps swooning as shares hit 52-week-low
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Zoom Video Communications (NASDAQ:ZM) shares fell 2.5% Friday, and hit a 52-week-low as the video meeting technology company added to its prior-day's losses.
In early trading, Zoom (ZM) dipped to $63.82 a share, and the stock price was just barely higher than that in afternoon trading. It's been a difficult year for Zoom (ZM) and its stockholders on Wall Street, as the company's shares have fallen by nearly 6% since the end of 2022.

Zoom (ZM) made headlines in March following the firing of company President Greg Tomb after less than a year on the job.
Earlier this week, Citi analyst Tyler Radke came out with a negative view of Zoom (ZM), and said the company is facing challenges from businesses potentially cutting spending on unified communications services.