JPMorgan downgrades Zoom after more than 500% rally this year

Published Wed, Dec 9 20207:29 AM ESTUpdated Wed, Dec 9 202010:05 AM EST

Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City.

Kena Betancur | Getty Images

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Zoom Video epitomizes the "stay at home trade," and JPMorgan believes the company is at risk of losing some customers once a Covid vaccine is widely available.