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Zoom Communications (ZM) IPO Down Down Down

This is a syndicated repost published with the permission of Slope of Hope. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

And for our IPO wreck o’ the day, I present to you: Zoom Communications. Yet another Silicon Valley company which has never made a penny of profit yet managed to have a crazy-success IPO. Here’s the recent success that retail bagholders have managed to enjoy with this modern-day fiscal calamity.

Incidentally, a note to my Gold and Diamond members – – I’ve got a new published watchlist you might want to check out called “Recent Stocks”, which is where I’m keeping public unicorns like this.

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