DPW Holdings Inc
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Company profile

DPW Holdings, Inc., formerly Digital Power Corporation, is engaged in the design, manufacture and sale of power system solutions for the applications in the medical, military, telecom and industrial markets. The Company operates through two segments: North America (sales through DPC) and Europe (sales through DPL). It offers a range of product variety, including custom product design, standard and modified-standard products. Its switching power rectifiers include defense and commercial custom power products, server power supplies, front-end, open-frame, enclosed, CompactPCI, MicroTCA, Desktop/Wall-mount Adaptors, Power over Ethernet (POE) and other product solutions. Its product power range is from 10 watts to 75,000 watts. The Company's subsidiary, DPL, operates under the brand name of Gresham Power Electronics (Gresham). DPL designs, manufactures and sells power products and system solutions for the European marketplace.

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Zoom Video's stock set to suffer biggest-ever weekly drop

2:51 pm ET November 13, 2020 (MarketWatch)

Zoom Video Communications Inc. (ZM) fell 6.6% in afternoon trading Friday, to end a volatile week on a sour note. The selloff puts the stock on track to suffer the biggest weekly loss since it went public in April 2019. The stock started the week by plunging 17.4% on Monday and 9.0% on Tuesday, as hopes for a COVID-19 vaccine (http://www.marketwatch.com/story/biontech-and-pfizer-say-their-covid-19-vaccine-candidate-is-90-effective-2020-11-09) triggered a selloff in companies that benefited from stay-at-home trends (http://www.marketwatch.com/story/zoom-peloton-lead-stay-home-tech-selloff-after-upbeat-pfizer-vaccine-announcement-11604931225) due to the pandemic. The stock then bounced 9.9% on Wednesday and 3.7% on Thursday before falling again on Friday. In all, the stock has dropped 20.0% this week. The next biggest weekly percentage decline was 15.8% for the week ended Dec. 6, 2019. In comparison, the Nasdaq Composite has slipped 0.9% this week while the S&P 500 has gained 1.9%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

November 13, 2020 14:51 ET (19:51 GMT)

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