DJ Zoom Video Communications Inc. Stock Falls Wednesday, Underperforms Market
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Shares of Zoom Video Communications Inc. (ZM) shed 3.04% to $66.04 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 0.31% to 17,573.30 and Dow Jones Industrial Average falling 0.25% to 41,503.10.
The stock's fall snapped a three-day winning streak.
Zoom Video Communications Inc. closed $8.73 short of its 52-week high ($74.77), which the company reached on December 27th.
Trading volume (2.6 M) remained 926,679 below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 18, 2024.
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(END) Dow Jones Newswires
September 18, 2024 17:37 ET (21:37 GMT)
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