Why I bought RNG shares For the same reasons he recently joined the executive team....and because the sp was down 13% from its recent high of $292.48 from 3 weeks ago! In an interview with Channel Partners, Sorgen said he joined RingCentral because of the company’s growth potential. Sorgen also pointed to RingCentral’s direction and position as a leading UCaaS provider.
“I was very excited about the fact that they’re a leader in the Gartner Magic Quadrant in that upper right position,” Sorgen said. “But it’s also a market that has a lot of growth opportunities. Every company is trying to be more collaborative, more connected, more mobile and more data-driven. And RingCentral products are at the sweet spot of that.”
https://www.channelpartnersonline.com/2020/05/15/former-microsoft-channel-chief-joins-ringcentral-executive-team/