Shares of Zoom have dropped down up to 90% since the peak of the COVID pandemic in October 2020 as the former investors darling are struggling to adjust to a post COVID world, Zoom’s shares reached its peak during the pandemic period as the whole world started using the platform for Meetings and online classes due to physical appearances were banned.

Zoom shares fell nearly 10 percent on Tuesday after the company cut its repeat trades and posted its slowest intraday gain, prompting at least six brokerages to cut their price targets.

The Market shares of Zoom Inc. which is  ZM,-1.31 traded down $1.31 at $76.14 on Wednesday, and according to the NASDAQ Composite COMP, 0.99 rose 0.99 and the Dow Jones Industrial Average DJIA 0.28 which happened to become the  sixth straight day of losses for the stock. Zoom Inc. closed on $159.83 which is the lowest ever stock value of the company in past few years, 52-week before it was as high as ($235.97) on 26th November 2021 . Zoom which became very much popular during the pandemic crisis due the video conferencing tools it has to offer to its customers but now they are trying to reinvent itself by focusing on business with products such as cloud calling service on Zoom Phone and conference hosting services which will be offered on Zoom Rooms.

However some of the Analysts, still think that any sort of revenues or profits in the business are still away, because of the many diggings down as growth in its dependence online unit slows and competition from Microsoft Corp’s brigades and Cisco’s Webex and Salesforce’s Slack gets violent.

The biggest problem with Zoom is that they have some fundamental issue as it has demanded to spend heavily to keep hold of requested shares. Rather than going on with a growth strategy they are Spending to cleave on, requested shares are now  a good place to be and was a sign of trouble ahead,

The stocks from Zoom have underperformed when it was compared with some of its challengers on Wednesday, as BCE Inc. BCE, 0.59 rose 0.59 to$47.66 and Chunghwa Telecom Co. Ltd. ADR CHT, 1.42 rose 1.42 to $35.05. Trading volume (4.9 M) transcended its 50- day average volume of 3.9 M.

The company’s operating expenses rose 56% percent in the third quarter as it spent more on product development and marketing. His acclimatized operating peripheral decreased to 34.6 from 39.1 previously.

Some brokerages believe the entry could help revive Zoom’s growth, but Chief Executive Eric Yuan said in a call after the earnings report that he continues to watch for new business to test deals. “It’s not game over for them, but with no concessions, it’s a multi-year road to a return to forward growth,” said Needham & Co critic Ryan Koontz.