Zoom shares slide 17% as searing growth tapers off

Shares of Zoom slid as much as 17 per cent in early trading on Tuesday, after the video conferencing company signalled a faster-than-expected drop in demand and analysts questioned its future plans as people return to office. Zoom and other video conferencing services such as Cisco , Microsoft's Teams and Salesforce's Slack raked in millions of new users as Covid forced people to work, study and communicate with friends and family remotely. With easing pandemic curbs, Zoom will need to find new avenues for growth.