Zoom Video (ZM) hit its all-time high of approximately $588 on October 19, 2020 as the work-from-home boom drove explosive subscriber growth. A $1,000 investment at the peak bought about 1.7 shares. By early 2024 with ZM trading around $60-$75, that investment is worth approximately $102-$128 — a loss of 87-90%. The reopening trade crushed every COVID beneficiary stock.