All other figures are rounded to the displayed first digit. *Note: With the exception of results and estimates for the 2021 calendar year, all percentages and multiples are rounded to the displayed second digit for simplicity and are consistent with reasonable variance in the forecast. For informational purposes only and should not be considered investment advice, or a recommendation to buy, sell, or hold any particular security. Please see additional disclosures below on forecasts and hypothetical performance. Forecasts are inherently limited and cannot be relied upon as a basis for making an investment decision and are built on our modeling that reflect our biases and long-term positive view of the company. Please note, however, that there are multiple discrete outcomes within our ten thousand simulations that could correspond to the bull and bear price targets.
In the table above, we share the average outputs of all scenarios from our ten thousand simulations that correspond to the 25th and 75th percentile share price within a one percentage point deviation. 20-02155.Source: ARK Investment Management LLC, 2022 District Court, Northern District of California, No.
The case is In re: Zoom Video Communications Inc Privacy Litigation, U.S. It has said user growth could slow or decline as more people get vaccines and return to work or school in-person. The company had 497,000 customers with more than 10 employees in April 2021, up from 81,900 in January 2020. Zoom's customer base has grown sixfold since the COVID-19 pandemic forced more people to work from home. Koh said Zoom was "mostly" immune for Zoombombing under Section 230 of the federal Communications Decency Act, which shields online platforms from liability over user content. Zoombombing is where outsiders hijack Zoom meetings and display pornography, use racist language or post other disturbing content. They intend to seek up to $21.25 million for legal fees. Though Zoom collected about $1.3 billion in Zoom Meetings subscriptions from class members, the plaintiffs' lawyers called the $85 million settlement reasonable given the litigation risks. Saturday's settlement came after Koh on March 11 let the plaintiffs pursue some contract-based claims. In a statement on Sunday, Zoom said: "The privacy and security of our users are top priorities for Zoom, and we take seriously the trust our users place in us."
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