DJ Zoom Communications Inc. Stock Falls Wednesday, Underperforms Market
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Shares of Zoom Communications Inc. (ZM) slid 1.62% to $87.20 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 0.51% to 19,632.32 and Dow Jones Industrial Average falling 0.31% to 44,713.52.
The stock's fall snapped a six-day winning streak.
Zoom Communications Inc. closed 6.03% below its 52-week high of $92.80, which the company achieved on November 25th.
Trading volume (2.2 M) remained 1.1 million below its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 29, 2025.
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(END) Dow Jones Newswires
January 29, 2025 17:33 ET (22:33 GMT)
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