DJ Zoom Video Communications Inc. Stock Rises Wednesday, Outperforms Market
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Shares of Zoom Video Communications Inc. (ZM) rose 1.43% to $78.86 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.32% to 43,408.47 and the NASDAQ Composite Index falling 0.11% to 18,966.14.
The stock's rise snapped a five-day losing streak.
Zoom Video Communications Inc. closed $8.29 short of its 52-week high ($87.15), which the company achieved on November 13th.
Trading volume (2.3 M) remained 381,391 below its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 17:34 ET (22:34 GMT)
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