DJ Zoom Communications Inc. Stock Falls Wednesday, Still Outperforms Market
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Shares of Zoom Communications Inc. (ZM) slid 3.01% to $82.05 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 3.56% to 19,392.69 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
The stock's fall snapped a two-day winning streak.
Zoom Communications Inc. closed $10.75 short of its 52-week high ($92.80), which the company reached on November 25th.
Trading volume (2.8 M) remained 716,852 below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:29 ET (22:29 GMT)
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