DJ Zoom Video Communications Inc. Stock Falls Wednesday, Underperforms Market
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Shares of Zoom Video Communications Inc. (ZM) slipped 0.95% to $74.78 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.56% to 18,607.93 and Dow Jones Industrial Average falling 0.22% to 42,141.54.
The stock's fall snapped a two-day winning streak.
Zoom Video Communications Inc. closed $1.18 below its 52-week high ($75.96), which the company reached on October 29th.
Trading volume (2.0 M) remained 1.5 million below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 30, 2024.
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(END) Dow Jones Newswires
October 30, 2024 17:34 ET (21:34 GMT)
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