Yes Hodlers say they buy business not the stock price, but every business has a price and sometimes the high price may never be revisited or for an extended period of time after a huge unfounded rally.
Have a look at the Zoom chart (all time view)
WFH (work from home) growth is no longer returning to the peak of the Covid years, why did holders not see it and cut early loss ? Because they could have lost money of 20-30pc and hoping for markets to recover; markets recovered but not their stock. Because the lofty valuations of $400+ was based on astounding growth during the Covid years which is never going to be replicated. https://www.tradingview.com/symbols/NASDAQ-ZM/
