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Battered by Scuttled Five9 Deal, Zoom Still Has Bright Future

Battered by Scuttled Five9 Deal, Zoom Still Has Bright Future

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Once-hot Zoom Communications (NASDAQ:ZM) is off 24.39% year-to-date with a fair amount of that weakness attributable to a late September decision to walk away from a proposed $14.7 billion all-stock takeover of Five9 (NASDAQ:FIVN). Five9 shares plunged in the wake of the offer — an unusual reaction by a targeted firm — prompting investors in that company [.

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