Zoom is worth less than it was before the pandemic

Zoom became a household name in March 2020 as millions of people were suddenly forced to work from their kitchens and bedrooms. Although video conferencing was far from a new technology, Zoom became the preferred application for almost every form of workplace communication. Just over two years later, travel restrictions are easing, the tech market is sagging amid rising interest rates, and Zoom’s stock price has fallen to pre-pandemic levels, down 83% from its all-time high in October 2020.