DJ Zoom Video Communications Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Zoom Video Communications Inc. (ZM) inched 0.90% higher to $67.30 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 2.17% to 17,395.53 and the Dow Jones Industrial Average rising 0.31% to 40,861.71.
This was the stock's second consecutive day of gains.
Zoom Video Communications Inc. closed $7.47 below its 52-week high ($74.77), which the company achieved on December 27th.
Trading volume (3.0 M) remained 435,057 below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 11, 2024.
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(END) Dow Jones Newswires
September 11, 2024 17:37 ET (21:37 GMT)
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