In the current COVID-19 pandemic, half of the world's population is currently in lockdown, with 3.9 billion people are staying at home. The demand for video calls and teleconferencing spikes significantly. Thus, while the global stock market is experiencing massive sell-off, the stock of a video conference service company has surged significantly. It is Zoom Video Communications (ZM). Its share price has moved up by 90% within four months. However, we do not believe this sudden rise in its stock price is sustainable.
Huge user growth in a short period of time
Since