DJ Zoom Video Communications Inc. Stock Falls Monday, Underperforms Market
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Shares of Zoom Video Communications Inc. (ZM) slid 2.72% to $78.93 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.60% to 18,791.81 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
This was the stock's fourth consecutive day of losses.
Zoom Video Communications Inc. closed $8.22 short of its 52-week high ($87.15), which the company reached on November 13th.
Trading volume (4.1 M) eclipsed its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 17:34 ET (22:34 GMT)
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