Yields are rising as investors expect that a recovery will bring inflation and higher interest rates.

The bond market is also weighing on tech stocks. Now, the pandemic has made them unwelcome, as Covid vaccine rates soar there. ‘Anti-Vax’ Capital No More: Vaccine skeptics once found a home in Marin County, Calif.Since then it has displayed a remarkable capacity to evolve new tricks. A Persistent Variant: Ten months have passed since Omicron’s debut.Long Covid: A study of tens of thousands of people in Scotland found that one in 20 who had been sick with Covid reported not recovering at all, and another four in 10 said they had not fully recovered many months later.Updated Boosters for Kids: The Food and Drug Administration broadened access to updated Covid booster shots to include children as young as 5.

The average price target among the 21 analysts covering the stock is $501, suggesting 45.6% upside from current levels. Looking ahead, analysts are expecting Zoom’s rally to resume in the next 12 months. In fact, $1,000 in Zoom stock bought on March 24, 2020, would be worth about $2,632 today. Still, Zoom investors who bought one year ago and held on have generated a big return on their investment. Concerns over Zoom’s lofty valuation, the potential negative impact of the vaccine rollouts and the company’s seemingly impossible year-over-year growth comps in 2021 have likely weighed on the share price. Zoom In 2021, Beyond: The stock has since pulled back to around $340. Related Link: If You Invested $1,000 In Ford Stock One Year Ago, Here's How Much You'd Have Now In fiscal 2021, Zoom’s net income jumped to $672.3 while its revenue increased to $2.65 billion. In fiscal 2020, Zoom generated net income of $25.3 million on $622.6 million in revenue. In October, Zoom’s market cap crossed $140 billion, making it more valuable than Exxon Mobil Corporation XOM at the time. By June 2, Zoom shares were above $200 for the first time and hit a high of $588.84 in September.

Zoom stock march 2021