DJ Zoom Communications Inc. Stock Falls Tuesday, Underperforms Market
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Shares of Zoom Communications Inc. (ZM) slid 8.48% to $74.22 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.37% to 43,621.16 and the NASDAQ Composite Index falling 1.35% to 19,026.39.
This was the stock's fifth consecutive day of losses.
Zoom Communications Inc. closed 20.02% short of its 52-week high of $92.80, which the company reached on November 25th.
Trading volume (11.1 M) eclipsed its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 25, 2025.
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(END) Dow Jones Newswires
February 25, 2025 17:33 ET (22:33 GMT)
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