DJ Zoom Communications Inc. Stock Falls Monday, Underperforms Market
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Shares of Zoom Communications Inc. (ZM) slipped 0.39% to $85.27 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.98% to 19,764.89 and the Dow Jones Industrial Average rising 0.16% to 42,906.95.
The stock's fall snapped a two-day winning streak.
Zoom Communications Inc. closed $7.53 below its 52-week high ($92.80), which the company achieved on November 25th.
Trading volume (2.4 M) remained 1.1 million below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2024.
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(END) Dow Jones Newswires
December 23, 2024 17:39 ET (22:39 GMT)
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