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Simply Wall St.

Institutions are Hedging their Bets with Zoom Video (NASDAQ:ZM)

Zoom Video Communications, Inc. (NASDAQ:ZM)might be on the verge of reversing the trend. After a massive 10-bagger run in 2020, the stock started drifting lower, undoing some of the parabolic move up. Yet, in July, it set what might be a higher low. Today we will examine the ownership structure of the company and elaborate why we believe that the institutional investors are hedging their broad market bets with Zoom Video Communications.

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