2021 is weeks away and business leaders must be prepared for abrupt shifts in the needs of their customers. For example, if your business boomed during the pandemic, are you prepared for a post-pandemic slowdown?
Investor fear that Zoom might not be prepared for this has cost its shareholders. Since peaking at $588 a share in October, Zoom’s stock had lost 32% of its value by early December.
Why? I’d guess part of it is due to good news about Covid-19 vaccines from Pfizer, Moderna and others means that investors are betting that the pandemic will end and people will go back to the office and not use Zoom as frequently.