Zoom Stock – Zoom Video Communications Inc. stock underperforms Wednesday when compared to competitors
Shares of Zoom Video Communications Inc.
slid 2.03% to $323.08 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.05% to 33,446.26 and the NASDAQ Composite Index
falling 0.07% to 13,688.84. Zoom Video Communications Inc. closed $265.76 short of its 52-week high ($588.84), which the company achieved on October 19th.
The stock underperformed when compared to some of its competitors Wednesday, as BCE Inc.
rose 0.09% to $45.93 and Chunghwa Telecom Co. Ltd. ADR
rose 0.30% to $39.61. Trading volume (4.1 M) remained 662,040 below its 50-day average volume of 4.8 M.