New York Times (November 17)
“Pandemic stocks have become passé: Peloton, Zoom and others” are making way “for the shares of ‘reopening’ companies.” The shift in market sentiment “reflects a broader reshuffling of the economy, as Americans return to gyms, concerts and other in-person activities.”
Tags: Concerts, Economy, Gyms, In-person, Market, Pandemic stocks, Peloton, Reopening, Reshuffling, Sentiment, Shares, Shift, U.S., Zoom
Forbes (October 29)
“Zoom is now worth more than ExxonMobil.” Reaching a market cap of $139 billion, the conferencing service pulled ahead of ExxonMobil ($138.9 billion). Revenues are an altogether different matter. “While Zoom posted $1.35 billion in revenue over the past 12 months, Exxon, by comparison, posted $213.8 billion in revenue during that time period.”
Tags: Conferencing, ExxonMobil, Market-cap, Revenues, Service, Zoom
