There was no question about it and I was a strong bull in that mess. But when COVID was hitting a year ago, early, you knew exactly why the market was going down. When you have that the whole market is going down, I just duck my head and try not to look. Sometimes, there’s massive moves in stocks and sometimes the whole market is going down. What I love actually is when I know why the stock’s going down and the market is wrong, and I know the market is wrong. Taylor, what about you? Taylor Carmichael: That’s a good question. Jason Hall: I think that’s a key thing right there. You have to take it on a case-by-case basis. I think it’s hard to have general rule for that. That revealed a pretty big crack in the business that I think a lot of us didn’t anticipate. I think sometimes it can be a good reason to double down to invest in the stock if you spot a short-term reason, but other times, it feels more structural like what we saw with Peloton a few weeks ago. I remember Target had a movement like that earlier this year. Sometimes, you see a case of where the stock falls and it’s very clear that the market’s reacting to short-term, there’s like, we dialed back our estimates because of the supply chain or sometimes it’s even something like, we’re reinvesting in the business, so profits are going to be a little short this next couple of quarters. But I think it really depends on the reason. Is it a buying opportunity or do you wait for the dust to clear? Jeremy Bowman: I think nobody likes to see a stock like Zoom, which I do own fall. First, Jeremy, I’m going to ask you to kick us off here, how do you react when a stock in your portfolio or maybe one you’ve been watching really closely falls that much in a single day?

We have a two-part question and Trevor actually suggested this question to us earlier today. The stock today, I think it closed at a week low, if it didn’t close at it, it hit the week low at some point today, that’s for sure.

I think there were five quarters in a row or maybe six quarters where revenue was up at least percent, and it was up percent, a couple of those. That was a 68 percent increase, also beating Wall Street’s analysts. Zoom released earnings yesterday, stock gets smashed again today. Jason Hall: But first, let’s hit the Zoom thing again. Zoom Video Communications ZM In this segment of “The Five” recorded on Nov.

Why zoom stock is falling