Zoom – Zoom Video Communications Inc. stock outperforms competitors on strong trading day
Shares of Zoom Video Communications Inc.
rose 2.39% to $361.39 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
rising 0.36% to 14,684.60 and the Dow Jones Industrial Average
rising 0.07% to 34,823.35. Zoom Video Communications Inc. closed $227.45 below its 52-week high ($588.84), which the company achieved on October 19th.
The stock outperformed some of its competitors Thursday, as BCE Inc.
fell 0.08% to $49.06 and Chunghwa Telecom Co. Ltd. ADR
rose 1.00% to $41.21. Trading volume (3.1 M) remained 112,526 below its 50-day average volume of 3.2 M.