– Zoom Video Communications Inc. stock outperforms market on strong trading day
Shares of Zoom Video Communications Inc.
inched 0.56% higher to $299.96 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index
rising 0.07% to 15,374.33 and the Dow Jones Industrial Average
falling 0.76% to 35,100.00. This was the stock’s fourth consecutive day of gains. Zoom Video Communications Inc. closed $288.88 short of its 52-week high ($588.84), which the company achieved on October 19th.
The stock outperformed some of its competitors Tuesday, as BCE Inc.
fell 0.61% to $52.17 and Chunghwa Telecom Co. Ltd. ADR
fell 0.25% to $40.18. Trading volume (4.3 M) eclipsed its 50-day average volume of 4.0 M.