DJ Zoom Communications Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of Zoom Communications Inc. (ZM) shed 1.71% to $72.88 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 2.78% to 18,544.42 and Dow Jones Industrial Average falling 0.45% to 43,239.50.
This was the stock's seventh consecutive day of losses.
Zoom Communications Inc. closed 21.47% below its 52-week high of $92.80, which the company reached on November 25th.
Trading volume (2.7 M) eclipsed its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 27, 2025.
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(END) Dow Jones Newswires
February 27, 2025 17:32 ET (22:32 GMT)
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