Zoom’s share price continues to see a lot of volatility as more workers are returning to the office and the group is struggling to keep the momentum going now, we are well beyond the pandemic.
Last Wednesday, the minutes from the Federal Reserve’s meeting in July were released.
UK inflation hit 10.4%, a fresh 40-year high, it was a sizeable increase on the 9.4% posted in June and it topped forecasts of 9.8%.
Big box retailers have struggled in recent months as the post pandemic boom is over and now, they must contend with supply chain issues, rising inflation and diminishing consumer appetite.
Caterpillar manufacturers heavy equipment and it supplies industries like mining, construction, and transportation.
Zoom’s share price saw a spectacular rise and fall in the past few years. The company floated on the stock market in April 2019.
There was a spike in volatility last week when the US CPI report ticked down to 8.5% from 9.1%, missing the forecast of 8.7%.
BP’s share price recently rallied thanks to the company’s booming second quarter earnings.
Bed Bath & Beyond’s share price jumped yesterday as the meme stock craze returned to fold.
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